Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) Sees Significant Increase in Short Interest

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 143,728 shares, an increase of 5,283.1% from the August 15th total of 2,670 shares. Based on an average daily volume of 1,185,467 shares, the days-to-cover ratio is currently 0.1 days.

Willamette Valley Vineyards Price Performance

Shares of NASDAQ WVVIP opened at $2.85 on Friday. The company’s fifty day moving average price is $2.83 and its 200 day moving average price is $2.82. Willamette Valley Vineyards has a 1 year low of $2.40 and a 1 year high of $14.99.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ:WVVIP) is a publicly traded producer of premium cool-climate wines headquartered in Turner, Oregon. The company is best known for its estate-grown Pinot Noir but also cultivates Pinot Gris, Chardonnay, Pinot Blanc and small-lot Syrah and Riesling across more than 350 planted acres in the Willamette Valley appellation. Estate sites span the Van Duzer Corridor, Chehalem Mountains and Dundee Hills, where controlled yields and site selection emphasize regional terroir.

The company’s integrated operations include vineyard management, a gravity-flow winemaking facility, barrel aging and bottling, coupled with a direct-to-consumer platform comprising tasting rooms, wine clubs and an e-commerce portal.