Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Sees Large Increase in Short Interest

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,600 shares, an increase of 38.5% from the November 30th total of 2,600 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Willamette Valley Vineyards in a research report on Saturday. They issued a “hold” rating for the company.

Willamette Valley Vineyards Stock Up 0.6 %

Shares of NASDAQ WVVI opened at $3.46 on Friday. Willamette Valley Vineyards has a 12-month low of $3.17 and a 12-month high of $5.40. The firm’s 50-day simple moving average is $3.36 and its 200 day simple moving average is $3.61. The company has a quick ratio of 0.29, a current ratio of 2.85 and a debt-to-equity ratio of 0.39. The company has a market cap of $17.16 million, a price-to-earnings ratio of -5.67 and a beta of 0.73.

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.