Vestas Wind Systems A/S (OTCMKTS:VWDRY) Short Interest Up 860.4% in December

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 268,900 shares, an increase of 860.4% from the December 15th total of 28,000 shares. Based on an average trading volume of 1,574,200 shares, the short-interest ratio is presently 0.2 days.

Vestas Wind Systems A/S Stock Performance

Shares of VWDRY stock opened at $4.32 on Wednesday. The company has a market capitalization of $13.09 billion, a price-to-earnings ratio of 432.00 and a beta of 1.21. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02. Vestas Wind Systems A/S has a one year low of $4.19 and a one year high of $9.93. The company’s 50-day moving average is $4.66 and its 200 day moving average is $6.40.

Wall Street Analyst Weigh In

Several brokerages have commented on VWDRY. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th. Citigroup upgraded Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Berenberg Bank cut Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 14th.

About Vestas Wind Systems A/S

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.