Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Short Interest Update

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 916 shares, a decrease of 41.4% from the July 30th total of 1,562 shares. Based on an average daily trading volume, of 11,403 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Willamette Valley Vineyards

A number of hedge funds and other institutional investors have recently made changes to their positions in WVVI. Northwestern Mutual Wealth Management Co. grew its holdings in Willamette Valley Vineyards by 108,584.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock worth $1,044,000 after purchasing an additional 342,042 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Willamette Valley Vineyards in the 4th quarter valued at $48,000. Susquehanna International Group LLP acquired a new stake in shares of Willamette Valley Vineyards during the 3rd quarter valued at about $39,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Willamette Valley Vineyards during the 2nd quarter valued at approximately $41,000. Institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Trading Down 2.2%

WVVI traded down $0.05 during trading on Monday, reaching $2.19. The company had a trading volume of 3,599 shares, compared to its average volume of 8,692. The stock has a market cap of $10.91 million, a P/E ratio of -2.38 and a beta of 0.20. Willamette Valley Vineyards has a 52 week low of $2.03 and a 52 week high of $5.10. The business has a 50 day simple moving average of $2.52 and a 200-day simple moving average of $2.63. The company has a quick ratio of 0.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.58.

Willamette Valley Vineyards (NASDAQ:WVVI) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.40) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative return on equity of 10.31% and a negative net margin of 5.93%.The firm had revenue of $10.04 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Willamette Valley Vineyards in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Willamette Valley Vineyards currently has an average rating of “Sell”.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.