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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI – Get Rating) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 16,900 shares, a decline of 25.9% from the March 15th total of 22,800 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 13,000 shares, the short-interest ratio is presently 1.3 days.

WVVI opened at $9.55 on Friday. The company has a fifty day moving average price of $9.55 and a 200-day moving average price of $11.20. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.45 and a current ratio of 3.05. Willamette Valley Vineyards has a one year low of $8.53 and a one year high of $17.43.

Willamette Valley Vineyards (NASDAQ:WVVI – Get Rating) last released its quarterly earnings results on Tuesday, March 29th. The company reported $0.08 EPS for the quarter. The firm had revenue of $9.43 million during the quarter. Willamette Valley Vineyards had a net margin of 7.70% and a return on equity of 7.31%.

A number of large investors have recently made changes to their positions in the stock. Wells Fargo & Company MN grew its position in Willamette Valley Vineyards by 85.3% in the second quarter. Wells Fargo & Company MN now owns 3,379 shares of the company’s stock worth $46,000 after acquiring an additional 1,555 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Willamette Valley Vineyards by 5.4% in the third quarter. Dimensional Fund Advisors LP now owns 43,636 shares of the company’s stock worth $555,000 after acquiring an additional 2,219 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Willamette Valley Vineyards by 23.0% in the third quarter. O Shaughnessy Asset Management LLC now owns 11,935 shares of the company’s stock worth $152,000 after purchasing an additional 2,230 shares during the last quarter. Advisor Group Holdings Inc. lifted its stake in Willamette Valley Vineyards by 65.9% in the fourth quarter. Advisor Group Holdings Inc. now owns 12,916 shares of the company’s stock worth $112,000 after purchasing an additional 5,131 shares during the last quarter. Finally, Navellier & Associates Inc. bought a new stake in Willamette Valley Vineyards in the fourth quarter worth $95,000. Institutional investors own 12.49% of the company’s stock.

Separately, StockNews.com initiated coverage on shares of Willamette Valley Vineyards in a research report on Monday, April 11th. They set a “hold” rating for the company.

About Willamette Valley Vineyards (Get Rating)

Willamette Valley Vineyards, Inc engages in the production and sale of premium, super premium and ultra premium varietal wines. It operates through the Direct Sales and Distributor Sales segments. The Direct Sales segment includes retail sales made without use of an intermediary. The Distributor Sales segment involves the sales through third party where prices are given at a wholesale rate The company was founded by James W.

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