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

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 15,791 shares, a decrease of 74.9% from the January 29th total of 62,847 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 579,755 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 579,755 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Vestas Wind Systems AS Price Performance

Shares of OTCMKTS VWDRY opened at $8.45 on Friday. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $10.44. The business’s 50 day moving average price is $9.13 and its 200 day moving average price is $7.79. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 0.67. The firm has a market cap of $25.60 billion, a P/E ratio of 28.17, a P/E/G ratio of 1.25 and a beta of 1.16.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly 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 23.30%. The company had revenue of $7.40 billion during the quarter, compared to analyst estimates of $6.41 billion. On average, sell-side analysts expect that Vestas Wind Systems AS will post 0.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on VWDRY shares. Berenberg Bank cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Kepler Capital Markets downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Finally, Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

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.