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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 18,900 shares, a decline of 82.7% from the September 30th total of 109,400 shares. Based on an average trading volume of 745,400 shares, the days-to-cover ratio is presently 0.0 days.

Vestas Wind Systems A/S Trading Up 2.6 %

Shares of OTCMKTS VWDRY traded up $0.16 during midday trading on Friday, reaching $6.25. 555,144 shares of the company’s stock were exchanged, compared to its average volume of 214,624. Vestas Wind Systems A/S has a 52-week low of $5.99 and a 52-week high of $10.62. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. The business’s fifty day moving average price is $7.27 and its two-hundred day moving average price is $8.05.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last issued its quarterly earnings results on Wednesday, August 14th. The energy company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.07). The company had revenue of $3.55 billion for the quarter. Vestas Wind Systems A/S had a negative return on equity of 1.60% and a negative net margin of 0.32%. Sell-side analysts forecast that Vestas Wind Systems A/S will post 0.17 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Vestas Wind Systems A/S to a “strong-buy” rating in a research note on Wednesday, October 2nd.

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.