Short Interest in Gaucho Group Holdings, Inc. (NASDAQ:VINO) Declines By 42.8%

Gaucho Group Holdings, Inc. (NASDAQ:VINO) was the recipient of 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 presently 1.1 days. Currently, 1.9% of the company’s shares are short sold.

Gaucho Group Price Performance

Shares of NASDAQ:VINO opened at $0.59 on Friday. Gaucho Group has a 1-year low of $0.39 and a 1-year high of $12.40. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.83 and a quick ratio of 0.48. The business has a 50-day moving average price of $0.53 and a two-hundred day moving average price of $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.