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

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

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Willamette Valley Vineyards in a research note on Wednesday. They set a “hold” rating for the company.

Willamette Valley Vineyards Stock Performance

Shares of WVVI traded down $0.03 during midday trading on Thursday, reaching $5.71. 15,027 shares of the stock were exchanged, compared to its average volume of 13,246. The company has a quick ratio of 0.29, a current ratio of 2.85 and a debt-to-equity ratio of 0.39. Willamette Valley Vineyards has a 12-month low of $3.17 and a 12-month high of $5.81. The firm has a 50 day simple moving average of $3.78 and a 200-day simple moving average of $3.67.

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

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.