Naked Wines plc (OTCMKTS:NWINF) Sees Large Decline in Short Interest

Naked Wines plc (OTCMKTS:NWINF) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 7,303 shares, a decline of 22.3% from the December 31st total of 9,394 shares. Based on an average daily volume of 4,842 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 4,842 shares, the short-interest ratio is currently 1.5 days.

Naked Wines Stock Performance

Shares of OTCMKTS NWINF opened at $0.85 on Friday. Naked Wines has a twelve month low of $0.53 and a twelve month high of $1.25. The stock’s 50-day simple moving average is $0.92 and its two-hundred day simple moving average is $0.98.

About Naked Wines

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.