Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Short Interest Down 58.3% in October

Posted by Linda Flegge on Nov 15th, 2024

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 3,000 shares, a decline of 58.3% from the October 15th total of 7,200 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Willamette Valley Vineyards in a research note on Sunday, November 10th. They set a “hold” rating for the company.

Get Our Latest Stock Analysis on Willamette Valley Vineyards

Willamette Valley Vineyards Stock Down 0.4 %

WVVI stock opened at $3.36 on Friday. Willamette Valley Vineyards has a twelve month low of $3.31 and a twelve month high of $5.75. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.39 and a current ratio of 2.85. The business has a 50 day moving average price of $3.51 and a two-hundred day moving average price of $3.79.

Willamette Valley Vineyards (NASDAQ:WVVI – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.07) EPS for the quarter. The firm had revenue of $10.33 million during the quarter. Willamette Valley Vineyards had a negative net margin of 2.15% and a negative return on equity of 3.12%.

About Willamette Valley Vineyards

(Get Free Report)

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.