Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) Sees Large Growth in Short Interest

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 143,728 shares, a growth of 5,283.1% from the August 15th total of 2,670 shares. Based on an average daily trading volume, of 1,185,467 shares, the days-to-cover ratio is presently 0.1 days.

Willamette Valley Vineyards Stock Performance

Shares of NASDAQ:WVVIP opened at $3.21 on Friday. The company has a fifty day simple moving average of $2.83 and a 200 day simple moving average of $2.82. Willamette Valley Vineyards has a 12-month low of $2.40 and a 12-month high of $14.99.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ:WVVIP) is a publicly traded producer of premium cool-climate wines headquartered in Turner, Oregon. The company is best known for its estate-grown Pinot Noir but also cultivates Pinot Gris, Chardonnay, Pinot Blanc and small-lot Syrah and Riesling across more than 350 planted acres in the Willamette Valley appellation. Estate sites span the Van Duzer Corridor, Chehalem Mountains and Dundee Hills, where controlled yields and site selection emphasize regional terroir.

The company’s integrated operations include vineyard management, a gravity-flow winemaking facility, barrel aging and bottling, coupled with a direct-to-consumer platform comprising tasting rooms, wine clubs and an e-commerce portal.