Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Sees Significant Drop in Short Interest

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline 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 Stock Performance

Shares of OTCMKTS:WRTBY opened at $3.30 on Friday. The firm’s 50 day moving average is $3.14 and its two-hundred day moving average is $2.83. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.76 and a current ratio of 1.20. Wärtsilä Oyj Abp has a 52 week low of $2.08 and a 52 week high of $3.47.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $0.03 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 for the quarter.

About Wärtsilä Oyj Abp

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.