Gaucho Group Holdings, Inc. (NASDAQ:VINO) Sees Significant Decrease in Short Interest

Gaucho Group Holdings, Inc. (NASDAQ:VINO) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 119,000 shares, a decline of 42.8% from the March 31st total of 208,100 shares. Based on an average daily volume of 109,100 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.9% of the shares of the stock are sold short.

Gaucho Group Stock Performance

Shares of VINO opened at $0.60 on Friday. Gaucho Group has a 52-week low of $0.39 and a 52-week high of $12.40. The company has a quick ratio of 0.48, a current ratio of 0.83 and a debt-to-equity ratio of 0.26. The firm’s fifty day moving average is $0.53 and its two-hundred day moving average is $0.61.

Gaucho Group Company Profile

Gaucho Group Holdings, Inc, through its subsidiaries, invests in, develops, and operates real estate projects in Argentina. The company owns and operates boutique hotel, hospitality, and luxury vineyard property market; a resort and winery property, 9-hole golf course, tennis courts, dining, and a hotel.