Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) Short Interest Down 24.4% in February

Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 255,200 shares, a decrease of 24.4% from the January 31st total of 337,400 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 213,500 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of Fresh Vine Wine

A hedge fund recently raised its stake in Fresh Vine Wine stock. Two Sigma Securities LLC increased its holdings in Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) by 473.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,325 shares of the company’s stock after acquiring an additional 63,831 shares during the quarter. Two Sigma Securities LLC owned about 0.48% of Fresh Vine Wine worth $45,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 23.00% of the company’s stock.

Fresh Vine Wine Price Performance

Shares of NYSEAMERICAN VINE opened at $0.51 on Thursday. Fresh Vine Wine has a 1 year low of $0.25 and a 1 year high of $1.25. The stock has a market capitalization of $8.15 million, a PE ratio of -1.82 and a beta of 2.15. The company’s 50-day moving average is $0.64.

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.