Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Short Interest Update

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 1,896 shares, a decrease of 20.0% from the March 15th total of 2,369 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,104 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Willamette Valley Vineyards in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Willamette Valley Vineyards

A number of hedge funds have recently made changes to their positions in WVVI. Raymond James Financial Inc. bought a new position in Willamette Valley Vineyards during the second quarter valued at approximately $41,000. Teton Advisors LLC bought a new position in Willamette Valley Vineyards during the third quarter valued at approximately $82,000. Susquehanna International Group LLP bought a new position in Willamette Valley Vineyards during the third quarter valued at approximately $39,000. Northwestern Mutual Wealth Management Co. boosted its stake in Willamette Valley Vineyards by 108,584.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock valued at $1,044,000 after buying an additional 342,042 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new position in Willamette Valley Vineyards during the fourth quarter valued at approximately $48,000. Institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Stock Performance

NASDAQ WVVI opened at $2.68 on Friday. The firm has a market cap of $13.35 million, a price-to-earnings ratio of -4.25 and a beta of 0.29. The company has a quick ratio of 0.39, a current ratio of 2.70 and a debt-to-equity ratio of 0.61. The business has a 50-day moving average price of $2.62 and a 200-day moving average price of $2.91. Willamette Valley Vineyards has a twelve month low of $2.49 and a twelve month high of $7.18.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Tuesday, March 24th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $11.11 million during the quarter. Willamette Valley Vineyards had a negative return on equity of 3.90% and a negative net margin of 2.47%.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.