Vintage Wine Estates, Inc. (NASDAQ:VWE) Short Interest Update

Vintage Wine Estates, Inc. (NASDAQ:VWE) saw a significant decrease in short interest in July. As of July 15th, there was short interest totalling 228,200 shares, a decrease of 23.4% from the June 30th total of 298,000 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 1,390,000 shares, the days-to-cover ratio is currently 0.2 days.

Vintage Wine Estates Stock Performance

VWE remained flat at $0.07 on Friday. The company had a trading volume of 79,303,811 shares, compared to its average volume of 4,393,824. Vintage Wine Estates has a 12 month low of $0.06 and a 12 month high of $1.05. The company’s 50-day moving average is $0.18 and its two-hundred day moving average is $0.32.

Vintage Wine Estates (NASDAQ:VWE) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($0.44) earnings per share (EPS) for the quarter. Vintage Wine Estates had a negative return on equity of 72.38% and a negative net margin of 55.58%. The company had revenue of $45.67 million during the quarter.

About Vintage Wine Estates

Vintage Wine Estates, Inc produces and sells wines and spirits in the United States, Canada, and internationally. The company offers its products under the brands Bar Dog, B.R. Cohn, Cameron Hughes, Cherry Pie, Firesteed, Kunde, and others. It also owns and operates hospitality facilities; and provides bottling, fulfillment, and storage services to other companies on a contract basis.