Short Interest in Vestas Wind Systems A/S (OTCMKTS:VWDRY) Decreases By 96.8%

Vestas Wind Systems A/S (OTCMKTS:VWDRY) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 600 shares, a drop of 96.8% from the October 15th total of 18,900 shares. Based on an average daily volume of 991,300 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on VWDRY shares. Fearnley Fonds upgraded Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th. Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a report on Wednesday, October 2nd.

Vestas Wind Systems A/S Stock Up 0.2 %

Shares of OTCMKTS VWDRY opened at $4.68 on Thursday. The company has a fifty day moving average price of $6.74 and a 200 day moving average price of $7.77. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. Vestas Wind Systems A/S has a 1-year low of $4.61 and a 1-year high of $10.62.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last posted its quarterly earnings data on Wednesday, August 14th. The energy company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.07). The firm had revenue of $3.55 billion for the quarter. Vestas Wind Systems A/S had a return on equity of 1.71% and a net margin of 0.32%. As a group, equities analysts expect that Vestas Wind Systems A/S will post 0.16 EPS for the current year.

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.