Naked Wines plc (OTCMKTS:NWINF) Short Interest Down 56.1% in March

Naked Wines plc (OTCMKTS:NWINF – Get Rating) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 140,400 shares, a decrease of 56.1% from the March 15th total of 320,000 shares. Based on an average daily trading volume, of 43,000 shares, the short-interest ratio is presently 3.3 days.

Shares of NWINF traded up $0.03 during mid-day trading on Friday, reaching $4.66. The stock had a trading volume of 19,344 shares, compared to its average volume of 25,334. Naked Wines has a 52-week low of $4.55 and a 52-week high of $25.00. The company has a fifty day moving average of $5.19.

About Naked Wines (Get Rating)

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, and Australia. The company offers its products online. The company was formerly known as Majestic Wine plc and changed its name to Naked Wines plc in August 2019.

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