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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the target of a significant drop in short interest in 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 trading volume of 1,328,800 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on VWDRY shares. Fearnley Fonds raised 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 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 Price Performance

Shares of OTCMKTS:VWDRY opened at $4.53 on Friday. The firm’s 50 day simple moving average is $4.57 and its two-hundred day simple moving average is $6.14. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.02 and a quick ratio of 0.54. The company has a market capitalization of $13.73 billion, a P/E ratio of 453.00 and a beta of 1.21. Vestas Wind Systems A/S has a 1-year low of $4.19 and a 1-year high of $9.93.

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.