Short Interest in Naked Wines plc (OTCMKTS:NWINF) Drops By 46.8%

Naked Wines plc (OTCMKTS:NWINF) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 5,000 shares, a decline of 46.8% from the January 15th total of 9,400 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 4.2 days.

Naked Wines Stock Performance

Shares of OTCMKTS:NWINF remained flat at $0.63 during mid-day trading on Thursday. The company had a trading volume of 44 shares, compared to its average volume of 2,602. The stock’s 50 day simple moving average is $0.60 and its 200 day simple moving average is $0.66. Naked Wines has a 52 week low of $0.52 and a 52 week high of $0.95.

About Naked Wines

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines 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. The company was founded in 1980 and is headquartered in Norwich, the United Kingdom.