Crimson Wine Group Ltd. (OTCMKTS:CWGL) Stock Short Interest Declines 41.3%

Crimson Wine Group Ltd. (OTCMKTS:CWGL) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,385 shares, a decline of 41.3% from the September 15th total of 4,062 shares. Based on an average daily trading volume, of 9,855 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Crimson Wine Group Trading Down 5.2%

Crimson Wine Group stock opened at $4.20 on Friday. The stock has a 50-day moving average of $4.32 and a two-hundred day moving average of $4.28. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.86 and a current ratio of 10.52. Crimson Wine Group has a one year low of $3.82 and a one year high of $5.36. The stock has a market cap of $86.48 million, a PE ratio of 88.60 and a beta of 0.41.

About Crimson Wine Group

Crimson Wine Group, Ltd. is a premium wine company that produces, markets and sells wines through a portfolio of winery and vineyard brands. Its products include a range of varietal and blended wines, with an emphasis on wines made from grapes grown in established U.S. wine regions.

The company’s brand portfolio has included Pine Ridge Vineyards and Archery Summit, as well as Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon and Malene. These brands offer wines such as Cabernet Sauvignon, Pinot Noir, Chardonnay, Zinfandel and rosé, among other varieties.

Crimson Wine Group’s operations span several prominent U.S.