Vestas Wind Systems A/S (OTCMKTS:VWDRY) Short Interest Update

Vestas Wind Systems A/S (OTCMKTS:VWDRY) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 152,100 shares, a drop of 43.4% from the December 31st total of 268,900 shares. Based on an average daily volume of 1,328,800 shares, the short-interest ratio is presently 0.1 days.

Vestas Wind Systems A/S Trading Up 3.3 %

Shares of Vestas Wind Systems A/S stock opened at $4.67 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08. The business’s 50 day moving average is $4.57 and its 200-day moving average is $6.15. Vestas Wind Systems A/S has a 12-month low of $4.19 and a 12-month high of $9.93. The stock has a market cap of $14.15 billion, a P/E ratio of 452.00 and a beta of 1.21.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VWDRY. Berenberg Bank lowered shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 7th.

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.