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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 3,000 shares, a drop of 58.3% from the October 15th total of 7,200 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 5,200 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Willamette Valley Vineyards in a research report on Sunday. They issued a “hold” rating on the stock.

Willamette Valley Vineyards Price Performance

WVVI stock opened at $3.37 on Thursday. The firm has a fifty day moving average price of $3.51 and a 200 day moving average price of $3.79. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.08 and a quick ratio of 0.39. Willamette Valley Vineyards has a fifty-two week low of $3.31 and a fifty-two week high of $5.75.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its earnings results on Tuesday, August 13th. The company reported ($0.07) earnings per share for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.08% and a negative net margin of 2.15%. The business had revenue of $10.33 million during the quarter.

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.