Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Expands By 3,500.0%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 7,200 shares, a growth of 3,500.0% from the September 30th total of 200 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is currently 1.9 days. Approximately 0.2% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Willamette Valley Vineyards in a research report on Friday. They set a “hold” rating for the company.

Willamette Valley Vineyards Price Performance

Shares of Willamette Valley Vineyards stock opened at $3.46 on Friday. The company has a quick ratio of 0.39, a current ratio of 3.08 and a debt-to-equity ratio of 0.38. Willamette Valley Vineyards has a one year low of $3.31 and a one year high of $5.88. The business has a 50-day simple moving average of $3.59 and a 200 day simple moving average of $3.90.

Willamette Valley Vineyards (NASDAQ:WVVI) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.19% and a negative net margin of 2.26%. The company had revenue of $10.33 million for the quarter.

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.