It Seems CRIMSON WINE (OTCMKTS:CWGL) Will Go Up. Just Reported Less Shorted Shares

November 21, 2017 - By Vivian Currie

Investors sentiment increased to Infinity in 2017 Q2. Its up Infinity, from 2.33 in 2017Q1. It increased, as 0 investors sold Crimson Wine Group Ltd shares while 0 reduced holdings. 2 funds opened positions while 4 raised stakes. 10.56 million shares or 100.36% more from 5.27 million shares in 2017Q1 were reported.
Karpas Strategies Lc invested in 14,781 shares or 0.07% of the stock. Captrust Fin Advisors reported 0% in Crimson Wine Group Ltd (OTCMKTS:CWGL). 20,452 are held by Gilder Gagnon Howe And Ltd Llc. Mutual Of America Cap Mngmt Llc accumulated 658,246 shares or 0.12% of the stock. Price Michael F holds 1.2% or 969,200 shares in its portfolio. Panagora Asset Management stated it has 0% in Crimson Wine Group Ltd (OTCMKTS:CWGL). Highlander Management Ltd Liability Com has invested 0% in Crimson Wine Group Ltd (OTCMKTS:CWGL). Markston Int Lc reported 0% stake. The Pennsylvania-based Staley Advisers Inc has invested 0.04% in Crimson Wine Group Ltd (OTCMKTS:CWGL). Inr Advisory Serv reported 10 shares. 12,905 were reported by Menlo Advsrs Limited Liability Company. Edge Wealth Limited Liability Com owns 70 shares. Beck Mack & Oliver Limited Co reported 3.18 million shares. Lawson Kroeker Mngmt Inc Ne holds 1.36% of its portfolio in Crimson Wine Group Ltd (OTCMKTS:CWGL) for 377,706 shares.

The stock of CRIMSON WINE (OTCMKTS:CWGL) registered a decrease of 39.8% in short interest. CWGL’s total short interest was 11,800 shares in November as published by FINRA. Its down 39.8% from 19,600 shares, reported previously. With 12,200 shares average volume, it will take short sellers 1 days to cover their CWGL’s short positions.

About 1,559 shares traded. Crimson Wine Group Ltd (OTCMKTS:CWGL) has 0.00% since November 21, 2016 and is . It has underperformed by 16.70% the S&P500.

Crimson Wine Group, Ltd. is engaged in producing and selling ultra-premium and luxury wines. The company has market cap of $229.18 million. The Firm operates through two divisions: Wholesale Sales and Direct to Consumer Sales. It has a 69.1 P/E ratio. The Wholesale Sales segment includes all sales through a third party where prices are given at a wholesale rate whereas Direct to Consumer Sales segment includes retail sales in the tasting room, remote sites and at on-site events, Wine Club sales, and other sales made directly to the consumer without the use of an intermediary.

More notable recent Crimson Wine Group Ltd (OTCMKTS:CWGL) news were published by: Bizjournals.com which released: “Crimson Wine Group acquires Central Coast’s Domaine Alfred winery” on August 25, 2008, also Prnewswire.com with their article: “CRIMSON WINE GROUP, LTD. COMPLETES SPIN-OFF FROM LEUCADIA NATIONAL CORPORATION” published on February 25, 2013, Seekingalpha.com published: “Finally A Small-Cap Wine Producer Without Any Upside Potential” on June 02, 2015. More interesting news about Crimson Wine Group Ltd (OTCMKTS:CWGL) were released by: Seekingalpha.com and their article: “Crimson Wine Group: A Prime Vineyard Land Play” published on July 26, 2013 as well as Bizjournals.com‘s news article titled: “SEC filing: Crimson Wine Group CEO ‘is no longer an employee'” with publication date: November 05, 2014.

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