Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Increases By 183.7%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 12,200 shares, a growth of 183.7% from the December 31st total of 4,300 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 8,200 shares, the days-to-cover ratio is currently 1.5 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Willamette Valley Vineyards in a research note on Wednesday. They issued a “hold” rating for the company.

Willamette Valley Vineyards Stock Down 0.4 %

NASDAQ WVVI traded down $0.03 on Thursday, hitting $5.71. 15,027 shares of the stock were exchanged, compared to its average volume of 13,246. The company has a 50-day moving average price of $3.78 and a 200-day moving average price of $3.67. Willamette Valley Vineyards has a fifty-two week low of $3.17 and a fifty-two week high of $5.81. The company has a current ratio of 2.85, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.17) earnings per share for the quarter. The company had revenue of $9.37 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.12% and a negative net margin of 2.15%.

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.