Vestas Wind Systems A/S (OTCMKTS:VWDRY) Sees Significant Growth in Short Interest

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 195,600 shares, an increase of 28.6% from the January 15th total of 152,100 shares. Based on an average daily trading volume, of 998,800 shares, the days-to-cover ratio is presently 0.2 days.

Vestas Wind Systems A/S Trading Down 0.6 %

OTCMKTS VWDRY opened at $4.61 on Friday. Vestas Wind Systems A/S has a twelve month low of $4.19 and a twelve month high of $9.93. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02. The stock has a market cap of $13.97 billion, a price-to-earnings ratio of 27.12 and a beta of 1.21. The firm’s 50 day moving average price is $4.55 and its two-hundred day moving average price is $5.92.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last issued its earnings results on Wednesday, February 5th. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Vestas Wind Systems A/S had a net margin of 2.85% and a return on equity of 16.52%. Equities analysts anticipate that Vestas Wind Systems A/S will post 0.27 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on VWDRY. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. Berenberg Bank cut shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th.

Vestas Wind Systems A/S Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.