Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 143,728 shares, a growth 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 short-interest ratio is currently 0.1 days.
Willamette Valley Vineyards Stock Up 21.1%
Shares of NASDAQ:WVVIP traded up $0.56 on Thursday, reaching $3.21. 131,681 shares of the company traded hands, compared to its average volume of 90,478. The business’s 50-day simple moving average is $2.83 and its 200 day simple moving average is $2.82. Willamette Valley Vineyards has a 52 week low of $2.40 and a 52 week 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.
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