Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Short Interest Up 98.9% in February

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 17,300 shares, an increase of 98.9% from the February 13th total of 8,700 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is presently 1.8 days.

Willamette Valley Vineyards Price Performance

Shares of Willamette Valley Vineyards stock opened at $6.17 on Friday. The stock has a market capitalization of $30.63 million, a P/E ratio of -10.11 and a beta of 0.79. The business has a 50 day simple moving average of $5.45 and a two-hundred day simple moving average of $4.15. 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.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Willamette Valley Vineyards in a research note on Monday. 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.