Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Significant Decrease in Short Interest

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 62,847 shares, a decrease of 61.2% from the January 15th total of 161,798 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 404,632 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 404,632 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

A number of brokerages recently weighed in on VWDRY. Kepler Capital Markets downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Monday. Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. Finally, Berenberg Bank cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Vestas Wind Systems AS currently has an average rating of “Hold”.

Vestas Wind Systems AS Price Performance

OTCMKTS:VWDRY opened at $8.60 on Wednesday. The company has a market cap of $26.06 billion, a P/E ratio of 28.67, a P/E/G ratio of 1.33 and a beta of 1.16. The firm’s fifty day moving average price is $9.21 and its two-hundred day moving average price is $7.61. Vestas Wind Systems AS has a one year low of $3.96 and a one year high of $10.44. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.97 and a quick ratio of 0.60.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 24.35%. The company had revenue of $7.40 billion during the quarter, compared to analysts’ expectations of $6.41 billion. Equities analysts expect that Vestas Wind Systems AS will post 0.27 earnings per share for the current year.

Vestas Wind Systems AS Company Profile

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.