Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Sees Significant Increase in Short Interest

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 3,600 shares, a growth of 38.5% from the November 30th total of 2,600 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 5,800 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Willamette Valley Vineyards in a research note on Saturday. They issued a “hold” rating on the stock.

Willamette Valley Vineyards Stock Performance

Shares of WVVI stock opened at $3.46 on Monday. The company’s 50-day moving average is $3.36 and its 200 day moving average is $3.61. Willamette Valley Vineyards has a one year low of $3.17 and a one year high of $5.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 2.85. The company has a market capitalization of $17.16 million, a price-to-earnings ratio of -5.67 and a beta of 0.73.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.