LQR House Inc. (NASDAQ:LQR) Sees Large Decline in Short Interest

LQR House Inc. (NASDAQ:LQR) saw a significant decline in short interest during the month of 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 short-interest ratio is presently 0.4 days. Approximately 3.8% of the shares of the stock are short sold.

LQR House Trading Up 25.6 %

LQR House stock opened at $1.13 on Friday. The stock has a 50-day moving average price of $0.72 and a 200 day moving average price of $0.79. LQR House has a 52 week low of $0.40 and a 52 week high of $3.47.

Insiders Place Their Bets

In related news, CEO Sean Dollinger purchased 28,700 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was bought at an average price of $1.04 per share, with a total value of $29,848.00. Following the completion of the transaction, the chief executive officer now owns 77,243 shares of the company’s stock, valued at approximately $80,332.72. This represents a 59.12 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.03% of the stock is currently owned by company insiders.

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.