Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Rises By 95.2%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 4,100 shares, a growth of 95.2% from the September 30th total of 2,100 shares. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is presently 0.7 days.

Willamette Valley Vineyards Stock Down 9.7%

WVVI opened at $3.15 on Friday. The company has a quick ratio of 0.37, a current ratio of 4.07 and a debt-to-equity ratio of 0.64. Willamette Valley Vineyards has a 52 week low of $2.49 and a 52 week high of $7.18. The stock has a market cap of $15.64 million, a PE ratio of -5.94 and a beta of 0.36. The business’s fifty day simple moving average is $4.02 and its 200 day simple moving average is $4.94.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted its earnings results on Tuesday, August 12th. The company reported ($0.09) EPS for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.94% and a negative net margin of 2.58%.The company had revenue of $10.20 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Willamette Valley Vineyards in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On Willamette Valley Vineyards

An institutional investor recently bought a new position in Willamette Valley Vineyards stock. Raymond James Financial Inc. bought a new position in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,362 shares of the company’s stock, valued at approximately $41,000. Raymond James Financial Inc. owned 0.15% of Willamette Valley Vineyards at the end of the most recent quarter. 12.24% of the stock is owned by hedge funds and other institutional investors.

Willamette Valley Vineyards Company Profile

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.