Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) Shares Acquired by Two Sigma Securities LLC

Two Sigma Securities LLC lifted its stake in Fresh Vine Wine, Inc. (NYSEAMERICAN:VINE) by 473.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 77,325 shares of the company’s stock after acquiring an additional 63,831 shares during the quarter. Two Sigma Securities LLC’s holdings in Fresh Vine Wine were worth $45,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC boosted its position in shares of Fresh Vine Wine by 23.6% during the fourth quarter. Geode Capital Management LLC now owns 97,719 shares of the company’s stock worth $57,000 after buying an additional 18,656 shares during the period. 23.00% of the stock is currently owned by hedge funds and other institutional investors.

Fresh Vine Wine Trading Down 4.6 %

VINE opened at $0.49 on Friday. The firm has a market cap of $7.89 million, a price-to-earnings ratio of -1.76 and a beta of 2.15. The stock’s 50-day moving average price is $0.51 and its 200 day moving average price is $0.61. Fresh Vine Wine, Inc. has a 12-month low of $0.25 and a 12-month high of $1.25.

Fresh Vine Wine 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.