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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 600 shares, a drop of 96.8% from the October 15th total of 18,900 shares. Based on an average trading volume of 991,300 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

VWDRY has been the subject of several recent research reports. Citigroup raised Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Fearnley Fonds raised Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th.

Vestas Wind Systems A/S Trading Down 3.7 %

VWDRY opened at $4.67 on Wednesday. The stock has a 50-day moving average price of $6.80 and a 200-day moving average price of $7.80. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. Vestas Wind Systems A/S has a 1 year low of $4.63 and a 1 year high of $10.62.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last released its quarterly earnings data on Wednesday, August 14th. The energy company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.07). Vestas Wind Systems A/S had a return on equity of 1.71% and a net margin of 0.32%. The business had revenue of $3.55 billion during the quarter. On average, equities research analysts anticipate that Vestas Wind Systems A/S will post 0.16 EPS for the current fiscal year.

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.