Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Increases By 1,200.0%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,600 shares, an increase of 1,200.0% from the November 15th total of 200 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Willamette Valley Vineyards Price Performance

Shares of Willamette Valley Vineyards stock opened at $3.25 on Thursday. The company has a current ratio of 2.85, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39. The company’s fifty day simple moving average is $3.40 and its two-hundred day simple moving average is $3.67. The company has a market cap of $16.12 million, a P/E ratio of -5.33 and a beta of 0.73. Willamette Valley Vineyards has a 12-month low of $3.17 and a 12-month high of $5.40.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Willamette Valley Vineyards in a report on Wednesday, December 4th. They set a “hold” rating for the company.

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.