Naked Wines plc (OTCMKTS:NWINF – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 29,673 shares, an increase of 394.6% from the August 31st total of 6,000 shares. Based on an average daily trading volume, of 2,931 shares, the short-interest ratio is currently 10.1 days.
Naked Wines Stock Down 4.8%
Shares of OTCMKTS:NWINF opened at $0.85 on Friday. The firm’s 50 day simple moving average is $0.94 and its 200-day simple moving average is $0.95. Naked Wines has a one year low of $0.81 and a one year high of $1.10.
Naked Wines Company Profile
Naked Wines PLC, trading on the OTC market under the symbol NWINF and listed on the London Stock Exchange, operates a subscription-style, direct-to-consumer wine retail platform. The company connects wine enthusiasts—referred to as “Angels”—with a network of independent winemakers around the world. Members commit funds on a monthly basis, which are invested directly into small, often family-run vineyards, enabling winemakers to focus on production and innovation while offering members access to curated, value-priced wines.
Founded in 2008 in the United Kingdom by entrepreneur Rowan Gormley, Naked Wines has expanded its presence into the United States and Australia through dedicated regional websites.
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