Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Declines By 93.3%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 200 shares, a decline of 93.3% from the October 31st total of 3,000 shares. Based on an average daily volume of 5,500 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

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

Willamette Valley Vineyards Stock Performance

Shares of NASDAQ WVVI remained flat at $3.35 during mid-day trading on Wednesday. The stock had a trading volume of 8,069 shares, compared to its average volume of 4,200. Willamette Valley Vineyards has a fifty-two week low of $3.26 and a fifty-two week high of $5.44. The stock’s 50-day moving average is $3.45 and its 200-day moving average is $3.74. The company has a current ratio of 2.85, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39.

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.