Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Short Interest Up 38.5% in December

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 3,600 shares, a growth of 38.5% from the November 30th total of 2,600 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Willamette Valley Vineyards in a research report on Saturday. They set a “hold” rating for the company.

Willamette Valley Vineyards Stock Up 0.6 %

Shares of NASDAQ:WVVI opened at $3.46 on Monday. The stock’s 50-day moving average is $3.36 and its 200 day moving average is $3.61. The company has a market cap of $17.16 million, a PE ratio of -5.67 and a beta of 0.73. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.85 and a quick ratio of 0.29. Willamette Valley Vineyards has a 1 year low of $3.17 and a 1 year high of $5.40.

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.