Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Down 32.1% in January

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 161,798 shares, a drop of 32.1% from the December 31st total of 238,421 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 247,011 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 247,011 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Vestas Wind Systems AS Price Performance

Vestas Wind Systems AS stock opened at $9.98 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.74. Vestas Wind Systems AS has a 52-week low of $3.96 and a 52-week high of $10.24. The firm has a market cap of $30.24 billion, a PE ratio of 29.35, a price-to-earnings-growth ratio of 0.60 and a beta of 1.17. The company’s 50 day moving average is $9.00 and its two-hundred day moving average is $7.43.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The business had revenue of $6.14 billion for the quarter, compared to analyst estimates of $5.43 billion. Vestas Wind Systems AS had a return on equity of 27.61% and a net margin of 5.00%. On average, research analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VWDRY. Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. Barclays reiterated an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. Finally, DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

About Vestas Wind Systems AS

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.