Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Rises By 36.4%

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,000 shares, anincreaseof36.4% from the July 15th total of 2,200 shares. Approximately0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,100 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 11,100 shares, the days-to-cover ratio is currently 0.3 days. Approximately0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Willamette Valley Vineyards stock. Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,362 shares of the company’s stock, valued at approximately $41,000. Raymond James Financial Inc. owned about 0.15% of Willamette Valley Vineyards as of its most recent SEC filing. Hedge funds and other institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Stock Performance

Willamette Valley Vineyards stock opened at $4.55 on Wednesday. The business has a 50 day moving average of $5.12 and a 200-day moving average of $5.68. Willamette Valley Vineyards has a 1 year low of $3.17 and a 1 year high of $7.18. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.07 and a quick ratio of 0.37. The company has a market capitalization of $22.57 million, a P/E ratio of -8.58 and a beta of 0.43.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen began coverage on shares of Willamette Valley Vineyards in a research note on Wednesday, May 21st. They set a “hold” rating on the stock.

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.