Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) Sees Large Decline in Short Interest

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 32 shares, a drop of 95.8% from the June 15th total of 771 shares. Based on an average daily volume of 1,924 shares, the days-to-cover ratio is presently 0.0 days.

Willamette Valley Vineyards Trading Down 3.9%

Shares of WVVIP traded down $0.10 during midday trading on Friday, hitting $2.59. 1,461 shares of the company traded hands, compared to its average volume of 6,036. Willamette Valley Vineyards has a one year low of $2.40 and a one year high of $3.58. The stock has a 50-day moving average of $2.65 and a 200-day moving average of $2.89.

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.