Short Interest in Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) Expands By 25.5%

Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 297,300 shares, a growth of 25.5% from the October 31st total of 236,800 shares. Approximately 3.1% of the shares of the company are short sold. Based on an average daily volume of 392,800 shares, the days-to-cover ratio is currently 0.8 days.

Fresh Vine Wine Trading Up 6.8 %

VINE traded up $0.05 on Monday, hitting $0.74. The company’s stock had a trading volume of 338,066 shares, compared to its average volume of 255,690. Fresh Vine Wine has a 12 month low of $0.25 and a 12 month high of $1.25. The company has a market cap of $11.75 million, a PE ratio of -1.95 and a beta of 2.26.

Fresh Vine Wine Company Profile

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include Cabernet Sauvignon, Chardonnay, Pinot Noir, Rosé, Sauvignon Blanc, Sparkling Rosé, and Reserve Napa Cabernet Sauvignon. The company sells its products through wholesale, retail, and direct-to-consumer channels.