Short Interest in Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Declines By 36.4%

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 700 shares, a decrease of 36.4% from the December 31st total of 1,100 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is presently 0.1 days.

Wärtsilä Oyj Abp Trading Down 6.4 %

Shares of WRTBY opened at $3.69 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.75 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average is $3.62 and its two-hundred day moving average is $4.00. Wärtsilä Oyj Abp has a twelve month low of $2.83 and a twelve month high of $4.69. The firm has a market capitalization of $10.86 billion, a P/E ratio of 24.59 and a beta of 1.05.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last issued its earnings results on Tuesday, October 29th. The company reported $0.05 earnings per share for the quarter. Wärtsilä Oyj Abp had a net margin of 7.03% and a return on equity of 20.03%. The company had revenue of $1.89 billion for the quarter. On average, research analysts predict that Wärtsilä Oyj Abp will post 0.16 earnings per share for the current fiscal year.

About Wärtsilä Oyj Abp

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.