Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) Short Interest Update

Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 205,200 shares, a decrease of 19.7% from the September 30th total of 255,500 shares. Based on an average daily volume of 335,300 shares, the short-interest ratio is presently 0.6 days. Currently, 2.1% of the company’s shares are sold short.

Fresh Vine Wine Price Performance

Fresh Vine Wine stock traded down $0.17 during midday trading on Friday, hitting $0.89. 523,012 shares of the stock were exchanged, compared to its average volume of 234,849. Fresh Vine Wine has a 52 week low of $0.25 and a 52 week high of $1.25. The firm has a market capitalization of $14.15 million, a price-to-earnings ratio of -2.27 and a beta of 2.26.

Fresh Vine Wine (NYSEAMERICAN:VINE) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $0.07 million for the quarter. Fresh Vine Wine had a negative return on equity of 6,301.44% and a negative net margin of 498.73%.

About Fresh Vine Wine

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.