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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 2,600 shares, a growth of 1,200.0% from the November 15th total of 200 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 0.4 days.

Willamette Valley Vineyards Stock Performance

NASDAQ WVVI traded up $0.04 during mid-day trading on Wednesday, reaching $3.29. 5,708 shares of the stock were exchanged, compared to its average volume of 4,221. The business’s 50 day moving average is $3.41 and its 200-day moving average is $3.68. Willamette Valley Vineyards has a 1 year low of $3.17 and a 1 year high of $5.40. The company has a market capitalization of $16.32 million, a P/E ratio of -5.33 and a beta of 0.73. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 2.85.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Willamette Valley Vineyards in a research note on Wednesday, December 4th. They set a “hold” rating on the stock.

About Willamette Valley Vineyards

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.