Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 2,300 shares, a growth of 1,050.0% from the July 31st total of 200 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is currently 0.6 days.
Willamette Valley Vineyards stock traded up $0.08 during trading hours on Wednesday, reaching $7.18. 9,517 shares of the stock were exchanged, compared to its average volume of 4,482. The company has a current ratio of 6.82, a quick ratio of 2.64 and a debt-to-equity ratio of 0.37. Willamette Valley Vineyards has a twelve month low of $6.55 and a twelve month high of $8.09. The company has a market cap of $34.87 million, a P/E ratio of 23.83 and a beta of 0.46. The stock has a 50 day moving average of $6.91 and a two-hundred day moving average of $7.03.
An institutional investor recently bought a new position in Willamette Valley Vineyards stock. Colony Group LLC purchased a new position in shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,600 shares of the company’s stock, valued at approximately $170,000. Colony Group LLC owned approximately 0.50% of Willamette Valley Vineyards at the end of the most recent quarter. Institutional investors own 11.07% of the company’s stock.
About Willamette Valley Vineyards
Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Methode Champenoise Brut, Rose, and Riesling branded wines under the Willamette Valley Vineyards and Elton labels; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, The Griffin, and Viognier branded wines under the Griffin Creek label; and Oregon Blossom branded wine under the Oregon Cellars label.
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