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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,681 shares, a growth of 569.7% from the July 15th total of 251 shares. Based on an average daily trading volume, of 2,032 shares, the days-to-cover ratio is presently 0.8 days.

Willamette Valley Vineyards Stock Performance

WVVIP stock opened at $2.64 on Friday. The business has a 50-day moving average price of $2.66 and a 200 day moving average price of $2.83. Willamette Valley Vineyards has a 1-year low of $2.40 and a 1-year high of $3.58.

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.