Willamette Valley Vineyards, Inc. (NASDAQ:WVVI – Get Free Report) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 17,300 shares, an increase of 98.9% from the February 13th total of 8,700 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.5% of the shares of the company are sold short.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on Willamette Valley Vineyards in a report on Monday, March 10th. They set a “hold” rating for the company.
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Willamette Valley Vineyards Stock Down 0.5 %
About Willamette Valley Vineyards
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.
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