LQR House Inc. (NASDAQ:LQR) Short Interest Down 15.9% in November

LQR House Inc. (NASDAQ:LQR) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 163,500 shares, a drop of 15.9% from the October 31st total of 194,400 shares. Based on an average daily volume of 425,400 shares, the short-interest ratio is currently 0.4 days. Approximately 3.8% of the shares of the company are sold short.

Insiders Place Their Bets

In other LQR House news, CEO Sean Dollinger purchased 28,700 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were acquired at an average cost of $1.04 per share, for a total transaction of $29,848.00. Following the completion of the transaction, the chief executive officer now owns 77,243 shares of the company’s stock, valued at approximately $80,332.72. The trade was a 59.12 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.03% of the company’s stock.

LQR House Stock Performance

NASDAQ:LQR opened at $1.13 on Friday. LQR House has a one year low of $0.40 and a one year high of $3.47. The business has a fifty day moving average price of $0.71 and a 200-day moving average price of $0.79.

About LQR House

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.