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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,900 shares, a decrease of 54.8% from the October 31st total of 4,200 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is currently 0.7 days.

Willamette Valley Vineyards Stock Up 2.2 %

WVVIP opened at $3.70 on Thursday. The business’s fifty day simple moving average is $3.76 and its 200 day simple moving average is $3.86. Willamette Valley Vineyards has a 52 week low of $3.25 and a 52 week high of $5.94.

Willamette Valley Vineyards Announces Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be issued a dividend of $0.22 per share. The ex-dividend date is Friday, December 6th. This represents a dividend yield of 5.9%.

Willamette Valley Vineyards Company Profile

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.