Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 5,600 shares, an increase of 100.0% from the June 30th total of 2,800 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.2% of the company’s stock are short sold.
Willamette Valley Vineyards stock opened at $6.35 on Friday. The stock has a market cap of $31.50 million, a P/E ratio of 17.16 and a beta of 0.91. The company has a current ratio of 5.01, a quick ratio of 1.71 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average of $6.06 and a 200-day moving average of $6.00. Willamette Valley Vineyards has a 52 week low of $4.50 and a 52 week high of $7.36.
Willamette Valley Vineyards (NASDAQ:WVVI) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $6.52 million for the quarter. Willamette Valley Vineyards had a return on equity of 9.44% and a net margin of 10.93%.
A hedge fund recently bought a new stake in Willamette Valley Vineyards stock. Royal Bank of Canada purchased a new stake in shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,242 shares of the company’s stock, valued at approximately $59,000. Royal Bank of Canada owned approximately 0.25% of Willamette Valley Vineyards at the end of the most recent quarter. Hedge funds and other institutional investors own 7.33% of the company’s stock.
About Willamette Valley Vineyards
Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Methode Champenoise Brut, Rose, and Riesling branded wines under the Willamette Valley Vineyards and Elton labels; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, The Griffin, and Viognier branded wines under the Griffin Creek label; and Oregon Blossom branded wine under the Oregon Cellars label.
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