Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP – Get Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 22 shares, an increase of 266.7% from the May 14th total of 6 shares. Based on an average trading volume of 1,954 shares, the days-to-cover ratio is currently 0.0 days.
Willamette Valley Vineyards Stock Down 1.0%
Shares of WVVIP traded down $0.03 during mid-day trading on Thursday, hitting $2.52. 8,576 shares of the company were exchanged, compared to its average volume of 6,739. Willamette Valley Vineyards has a 1-year low of $2.45 and a 1-year high of $3.58. The company has a 50 day moving average of $2.77 and a 200-day moving average of $2.98.
About Willamette Valley Vineyards
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.
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