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

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

Vestas Wind Systems A/S Trading Down 3.8 %

Vestas Wind Systems A/S stock traded down $0.17 during mid-day trading on Monday, hitting $4.26. 554,733 shares of the company’s stock were exchanged, compared to its average volume of 730,355. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08. The company’s 50 day simple moving average is $4.73 and its 200-day simple moving average is $6.45. Vestas Wind Systems A/S has a fifty-two week low of $4.19 and a fifty-two week high of $9.97. The firm has a market capitalization of $12.91 billion, a P/E ratio of 426.00 and a beta of 1.21.

Wall Street Analysts Forecast Growth

VWDRY has been the topic of several recent research reports. Citigroup upgraded Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Berenberg Bank cut shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Fearnley Fonds upgraded shares of 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 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.