Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) Sees Large Decline in Short Interest

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,900 shares, a drop of 54.8% from the October 31st total of 4,200 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 0.7 days.

Willamette Valley Vineyards Stock Up 2.2 %

Shares of NASDAQ:WVVIP opened at $3.70 on Thursday. Willamette Valley Vineyards has a fifty-two week low of $3.25 and a fifty-two week high of $5.94. The firm’s 50-day simple moving average is $3.76 and its 200-day simple moving average is $3.86.

Willamette Valley Vineyards Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be paid a dividend of $0.22 per share. This represents a dividend yield of 5.9%. The ex-dividend date of this dividend is Friday, December 6th.

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.