Short Interest in Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Decreases By 98.0%

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 98.0% from the March 31st total of 5,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 0.5 days.

Wärtsilä Oyj Abp Price Performance

OTCMKTS WRTBY remained flat at $3.30 on Thursday. The stock’s 50 day moving average is $3.14 and its 200 day moving average is $2.82. The company has a current ratio of 1.20, a quick ratio of 0.76 and a debt-to-equity ratio of 0.26. Wärtsilä Oyj Abp has a 1 year low of $2.08 and a 1 year high of $3.47.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last announced its quarterly earnings results on Wednesday, January 31st. The company reported $0.03 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a return on equity of 12.46% and a net margin of 4.27%. The company had revenue of $1.77 billion during the quarter.

Wärtsilä Oyj Abp Company Profile

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.