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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the target of a large decline in short interest in the month of 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 shares of the company 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 shares of the company are sold short.

Willamette Valley Vineyards Stock Up 2.8%

Shares of NASDAQ WVVI opened at $2.93 on Thursday. Willamette Valley Vineyards has a 52 week low of $2.49 and a 52 week high of $7.18. The stock’s fifty day moving average is $2.86 and its 200 day moving average is $3.85. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.30 and a current ratio of 3.12. The stock has a market capitalization of $14.53 million, a P/E ratio of -4.25 and a beta of 0.32.

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

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP bought a new stake in Willamette Valley Vineyards during the third quarter worth $39,000. Teton Advisors LLC bought a new position in shares of Willamette Valley Vineyards in the 3rd quarter valued at $82,000. Raymond James Financial Inc. acquired a new position in shares of Willamette Valley Vineyards during the 2nd quarter worth $41,000. Finally, FreeGulliver LLC lifted its position in shares of Willamette Valley Vineyards by 57.6% during the 2nd quarter. FreeGulliver LLC now owns 101,969 shares of the company’s stock worth $563,000 after buying an additional 37,254 shares during the last quarter. 12.24% of the stock is currently owned by institutional investors and hedge funds.

About Willamette Valley Vineyards

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.