Short Interest in LQR House Inc. (NASDAQ:LQR) Decreases By 15.9%

LQR House Inc. (NASDAQ:LQR) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 163,500 shares, a decline of 15.9% from the October 31st total of 194,400 shares. Based on an average trading volume of 425,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 3.8% of the company’s stock are short sold.

LQR House Trading Up 25.6 %

NASDAQ:LQR opened at $1.13 on Friday. LQR House has a 52 week low of $0.40 and a 52 week high of $3.47. The company’s 50 day moving average price is $0.71 and its 200-day moving average price is $0.79.

Insiders Place Their Bets

In other news, CEO Sean Dollinger acquired 28,700 shares of LQR House stock in a transaction on Tuesday, November 26th. The stock was acquired at an average cost of $1.04 per share, for a total transaction of $29,848.00. Following the purchase, the chief executive officer now owns 77,243 shares in the company, valued at $80,332.72. This trade represents a 59.12 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.03% of the company’s stock.

About LQR House

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.