Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Short Interest Down 43.8% in March

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 900 shares, a decrease of 43.8% from the March 15th total of 1,600 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Willamette Valley Vineyards

Several large investors have recently modified their holdings of WVVI. Creative Planning grew its stake in shares of Willamette Valley Vineyards by 99.4% in the 3rd quarter. Creative Planning now owns 31,100 shares of the company’s stock valued at $183,000 after purchasing an additional 15,500 shares during the period. NewEdge Advisors LLC bought a new stake in Willamette Valley Vineyards during the 2nd quarter worth approximately $81,000. Vanguard Group Inc. grew its position in Willamette Valley Vineyards by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock worth $1,931,000 after acquiring an additional 8,461 shares during the last quarter. Finally, UBS Group AG grew its position in Willamette Valley Vineyards by 102.8% during the 3rd quarter. UBS Group AG now owns 5,140 shares of the company’s stock worth $32,000 after acquiring an additional 2,605 shares during the last quarter. 12.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Willamette Valley Vineyards Trading Down 0.6 %

Willamette Valley Vineyards stock opened at $4.57 on Friday. The business has a 50 day moving average price of $5.07 and a two-hundred day moving average price of $5.25. The company has a quick ratio of 0.28, a current ratio of 2.33 and a debt-to-equity ratio of 0.25. The stock has a market cap of $22.65 million, a price-to-earnings ratio of -7.03 and a beta of 0.70. Willamette Valley Vineyards has a 12 month low of $4.55 and a 12 month high of $6.59.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Tuesday, March 26th. The company reported ($0.15) earnings per share for the quarter. Willamette Valley Vineyards had a negative net margin of 3.06% and a negative return on equity of 4.09%. The company had revenue of $10.75 million during 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.