Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Drops By 19.0%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 1,700 shares, a decline of 19.0% from the June 30th total of 2,100 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Willamette Valley Vineyards in a research note on Monday. They issued a “hold” rating on the stock.

Willamette Valley Vineyards Price Performance

WVVI opened at $3.70 on Monday. The company has a current ratio of 2.87, a quick ratio of 0.37 and a debt-to-equity ratio of 0.34. Willamette Valley Vineyards has a twelve month low of $3.57 and a twelve month high of $6.40. The company’s 50-day moving average price is $3.98 and its two-hundred day moving average price is $4.57.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its earnings results on Monday, May 13th. The company reported ($0.22) earnings per share for the quarter. The company had revenue of $8.80 million during the quarter. Willamette Valley Vineyards had a negative net margin of 2.46% and a negative return on equity of 3.42%.

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.