Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Decreases By 41.5%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 2,059 shares, a decline of 41.5% from the December 15th total of 3,521 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 21,413 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 21,413 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Willamette Valley Vineyards

Several large investors have recently modified their holdings of WVVI. Raymond James Financial Inc. acquired a new stake in shares of Willamette Valley Vineyards during the 2nd quarter worth about $41,000. Susquehanna International Group LLP bought a new stake in shares of Willamette Valley Vineyards during the third quarter worth approximately $39,000. Teton Advisors LLC acquired a new position in shares of Willamette Valley Vineyards in the third quarter valued at approximately $82,000. Finally, FreeGulliver LLC increased its stake in shares of Willamette Valley Vineyards by 57.6% during the second quarter. FreeGulliver LLC now owns 101,969 shares of the company’s stock worth $563,000 after purchasing an additional 37,254 shares during the period. 12.24% of the stock is owned by institutional investors.

Willamette Valley Vineyards Price Performance

NASDAQ:WVVI opened at $2.93 on Thursday. The stock has a market capitalization of $14.53 million, a PE ratio of -4.25 and a beta of 0.32. The firm has a fifty day simple moving average of $2.86 and a 200 day simple moving average of $3.85. Willamette Valley Vineyards has a 1-year low of $2.49 and a 1-year high of $7.18. The company has a current ratio of 3.12, a quick ratio of 0.30 and a debt-to-equity ratio of 0.63.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its earnings results on Thursday, November 13th. The company reported ($0.33) earnings per share (EPS) for the quarter. The firm had revenue of $8.35 million during the quarter. Willamette Valley Vineyards had a negative net margin of 4.82% and a negative return on equity of 7.41%.

Wall Street Analyst Weigh In

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

Willamette Valley Vineyards Company Profile

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.