ALGODON WINES &amp LUXURY DEV GROUP INC (OTCMKTS:VINO) Shorted Shares Rose By 177.78%

June 27, 2018 - By Joe Cepeda

ALGODON WINES &amp LUXURY DEV GROUP INC (OTCMKTS:VINO) registered an increase of 177.78% in short interest. FINRA published short interest of VINO’s total 2,500 shares. The up change of 177.78% from 900 shares was reported. 4 days will cost VINO with 600 average volume to recover its former position. ALGODON WINES &amp LUXURY DEV GROUP INC’s short interest float is 0.01%.

The last price was $0.92.It’s since June 27, 2017 and is 0.00% down. VINO underperformed the S&P500 by 12.57%.

Algodon Wines & Luxury Development Group, Inc., through its subsidiaries, invests in, develops, and operates real estate projects in Argentina.The company has $39.73 million market cap. It also owns and operates Algodon Mansion, a luxury boutique hotel in Buenos Aires; and owns vineyard, hotel, restaurant, and golf and tennis resort in San Rafael, Mendoza, as well as subdivides property for residential development.Last it reported negative earnings.

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