Analyzing Fresh Vine Wine Inc. (VINE) After Recent Trading Activity


In a filing, Fresh Vine Wine Inc. revealed its 10% Owner CSS LLC/IL unloaded Company’s shares for reported $17491.0 on Sep 01. In the deal valued at $0.48 per share,36,273 shares were sold. As a result of this transaction, CSS LLC/IL now holds 718,926 shares worth roughly $ 0.34 million.

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Then, CSS LLC/IL sold 76,880 shares, generating $37,064 in total proceeds. Upon selling the shares at $0.48, the 10% Owner now owns 755,199 shares.

Before that, CSS LLC/IL sold 26,014 shares. Fresh Vine Wine Inc. shares valued at $12,692 were divested by the 10% Owner at a price of $0.49 per share. As a result of the transaction, CSS LLC/IL now holds 832,079 shares, worth roughly $0.39 million.

Price Performance Review of VINE

On Friday, Fresh Vine Wine Inc. [AMEX:VINE] saw its stock jump 0.43% to $0.47. On the same session, the stock had its day’s lowest price of $0.47, but rose to a high of $0.50. Over the last five days, the stock has gained 4.66%. Fresh Vine Wine Inc. shares have fallen nearly -51.78% since the year began. Nevertheless, the stocks have fallen -84.05% over the past one year. While a 52-week high of $3.09 was reached on 02/02/23, a 52-week low of $0.21 was recorded on 06/21/23. SMA at 50 days reached $0.4267, while 200 days put it at $0.7421. A total of 0.39 million shares were traded, compared to the trading of 0.3 million shares in the previous session.

Levels Of Support And Resistance For VINE Stock

The 24-hour chart illustrates a support level at 0.4615, which if violated will result in even more drops to 0.4511. On the upside, there is a resistance level at 0.4910. A further resistance level may holdings at 0.5101. The Relative Strength Index (RSI) on the 14-day chart is 54.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0546, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.95%. Stochastics %K at 79.54% indicates the stock is a holding.

How much short interest is there in Fresh Vine Wine Inc.?

A steep rise in short interest was recorded in Fresh Vine Wine Inc. stocks on Aug 14, 2023, dropping by -0.59 million shares to a total of 42130.0 shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.63 million shares. There was a decline of -1407.14%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.39% of the overall stock float, the days-to-cover ratio (short ratio) fell to 0.04.

Fresh Vine Wine Inc. [VINE] – Who Are The Largest Shareholders?

In filings from CSS LLC, it is revealed that the company now owns 868,093 shares, or roughly 4.55% of the outstanding VINE shares. In other words, the investor’s shares have fallen by -150,000 from its previous 13-F filing of 1018093.0.. At present, Woodbury Financial Services, Inc. is holding 3,500 shares valued at $1673.0. PSI Advisors LLC owned 330 shares of the company at the time of its most recent 13F filing, worth $158.0.

However, 0 analysts have rated VINE stock as a – in their predictions for 2023.


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