Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) Sees Significant Growth in Short Interest

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 771 shares, a growth of 3,404.5% from the May 31st total of 22 shares. Based on an average daily trading volume, of 2,553 shares, the short-interest ratio is currently 0.3 days.

Willamette Valley Vineyards Stock Performance

Willamette Valley Vineyards stock opened at $2.48 on Friday. The company’s 50-day moving average price is $2.68 and its 200-day moving average price is $2.92. Willamette Valley Vineyards has a twelve month low of $2.40 and a twelve month high of $3.58.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ:WVVIP) is a publicly traded producer of premium cool-climate wines headquartered in Turner, Oregon. The company is best known for its estate-grown Pinot Noir but also cultivates Pinot Gris, Chardonnay, Pinot Blanc and small-lot Syrah and Riesling across more than 350 planted acres in the Willamette Valley appellation. Estate sites span the Van Duzer Corridor, Chehalem Mountains and Dundee Hills, where controlled yields and site selection emphasize regional terroir.

The company’s integrated operations include vineyard management, a gravity-flow winemaking facility, barrel aging and bottling, coupled with a direct-to-consumer platform comprising tasting rooms, wine clubs and an e-commerce portal.