Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) Short Interest Update

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,310,000 shares, a decrease of 38.5% from the January 31st total of 2,130,000 shares. Based on an average trading volume of 2,590,000 shares, the short-interest ratio is presently 0.5 days. Currently, 2.4% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, HC Wainwright cut their price target on shares of Splash Beverage Group from $1.00 to $0.50 and set a “buy” rating on the stock in a research note on Friday, November 29th.

Splash Beverage Group Stock Down 4.0 %

Splash Beverage Group stock traded down $0.01 during mid-day trading on Tuesday, reaching $0.15. 642,521 shares of the company traded hands, compared to its average volume of 3,955,406. Splash Beverage Group has a fifty-two week low of $0.14 and a fifty-two week high of $0.70. The firm has a market capitalization of $8.96 million, a P/E ratio of -0.34 and a beta of -1.07. The company has a fifty day moving average price of $0.19.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.