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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 13,000 shares, a drop of 24.9% from the February 28th total of 17,300 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 10,000 shares, the short-interest ratio is presently 1.3 days.

Willamette Valley Vineyards Trading Down 0.1 %

NASDAQ WVVI opened at $6.06 on Monday. The company has a market cap of $30.06 million, a P/E ratio of -9.93 and a beta of 0.79. Willamette Valley Vineyards has a 12 month low of $3.17 and a 12 month high of $6.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.85 and a quick ratio of 0.29. The company has a 50-day moving average of $5.91 and a 200-day moving average of $4.33.

Willamette Valley Vineyards (NASDAQ:WVVI) last issued its earnings results on Tuesday, March 25th. The company reported ($0.01) earnings per share for the quarter. Willamette Valley Vineyards had a negative net margin of 2.15% and a negative return on equity of 3.12%. The firm had revenue of $11.28 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Willamette Valley Vineyards in a research note on Wednesday, March 26th. They set a “hold” rating on the stock.

Willamette Valley Vineyards Company Profile

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.