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

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 4,200 shares, an increase of 100.0% from the October 15th total of 2,100 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is currently 1.1 days.

Willamette Valley Vineyards Trading Down 2.1 %

Shares of WVVIP stock opened at $3.75 on Friday. Willamette Valley Vineyards has a 1 year low of $3.25 and a 1 year high of $5.94. The firm’s 50 day moving average is $3.79 and its 200-day moving average is $3.87.

Willamette Valley Vineyards Announces Dividend

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

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.