WARTSILA OYJ/ADR (OTCMKTS:WRTBY) Short Interest Up 25.0% in August

WARTSILA OYJ/ADR (OTCMKTS:WRTBY) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,500 shares, an increase of 25.0% from the August 15th total of 1,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 15.0 days.

Shares of OTCMKTS:WRTBY opened at $1.58 on Thursday. WARTSILA OYJ/ADR has a 52-week low of $0.97 and a 52-week high of $2.55. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.87 and a current ratio of 1.32. The company has a market capitalization of $4.67 billion, a P/E ratio of 26.34 and a beta of 0.79. The company has a 50-day simple moving average of $1.69 and a 200 day simple moving average of $1.62.

WARTSILA OYJ/ADR (OTCMKTS:WRTBY) last released its quarterly earnings data on Friday, July 17th. The company reported $0.01 earnings per share (EPS) for the quarter. WARTSILA OYJ/ADR had a return on equity of 6.79% and a net margin of 2.89%. The company had revenue of $1.34 billion during the quarter. As a group, equities analysts forecast that WARTSILA OYJ/ADR will post 0.09 earnings per share for the current year.

The business also recently declared a Semi-Annual dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be paid a $0.034 dividend. The ex-dividend date is Wednesday, September 9th. WARTSILA OYJ/ADR’s dividend payout ratio (DPR) is currently 50.00%.

Several equities analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “equal weight” rating on shares of WARTSILA OYJ/ADR in a research note on Monday, July 20th. Zacks Investment Research lowered shares of WARTSILA OYJ/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. restated a “neutral” rating on shares of WARTSILA OYJ/ADR in a research note on Monday, July 20th. UBS Group reaffirmed a “buy” rating on shares of WARTSILA OYJ/ADR in a research report on Monday, July 20th. Finally, Royal Bank of Canada cut WARTSILA OYJ/ADR from a “sector perform” rating to an “underperform” rating in a research report on Friday, August 7th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. WARTSILA OYJ/ADR presently has an average rating of “Hold” and an average price target of $1.75.


Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company offers gas, multi-fuel, and liquid fuel power plants; and seals, bearings, and related equipment for the hydropower and tidal, and a range of industrial sectors. It also provides ballast water management systems; high pressure air and gas compressors, and CNG refueling station solutions; communication, and safety and security systems; and automation, dredge control and monitoring, integrated bridge control, and measurement and control technologies.

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