Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Expands By 98.9%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 17,300 shares, an increase of 98.9% from the February 13th total of 8,700 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 9,400 shares, the short-interest ratio is presently 1.8 days.

Willamette Valley Vineyards Price Performance

Shares of Willamette Valley Vineyards stock opened at $6.17 on Friday. The firm has a market cap of $30.63 million, a PE ratio of -10.11 and a beta of 0.79. Willamette Valley Vineyards has a twelve month low of $3.17 and a twelve month high of $6.33. 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 business has a 50-day moving average price of $5.45 and a 200 day moving average price of $4.15.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Willamette Valley Vineyards in a research report on Monday. They set a “hold” rating on the stock.

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.