Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Short Interest Update

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 17,300 shares, an increase of 98.9% from the February 13th total of 8,700 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 9,400 shares, the short-interest ratio is presently 1.8 days.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Willamette Valley Vineyards in a report on Monday, March 10th. They set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Performance

Shares of Willamette Valley Vineyards stock opened at $6.14 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.85 and a quick ratio of 0.29. The firm has a market cap of $30.48 million, a price-to-earnings ratio of -10.07 and a beta of 0.79. Willamette Valley Vineyards has a one year low of $3.17 and a one year high of $6.33. The stock’s 50-day moving average is $5.50 and its 200-day moving average is $4.17.

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.