Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Decreases By 41.4%

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

Willamette Valley Vineyards Stock Performance

NASDAQ:WVVI opened at $2.32 on Wednesday. Willamette Valley Vineyards has a twelve month low of $2.03 and a twelve month high of $5.10. The company has a quick ratio of 0.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.58. The stock has a market cap of $11.55 million, a P/E ratio of -2.52 and a beta of 0.19. The business’s 50-day moving average price is $2.51 and its two-hundred day moving average price is $2.62.

Willamette Valley Vineyards (NASDAQ:WVVI) last posted 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.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Willamette Valley Vineyards

Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in Willamette Valley Vineyards in the second quarter worth about $41,000. Susquehanna International Group LLP purchased a new position in shares of Willamette Valley Vineyards during the 3rd quarter worth approximately $39,000. EP Wealth Advisors LLC purchased a new position in shares of Willamette Valley Vineyards in the 4th quarter valued at approximately $48,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Willamette Valley Vineyards by 108,584.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock valued at $1,044,000 after purchasing an additional 342,042 shares during the period. 12.24% of the stock is currently owned by institutional investors.

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.