Vestas Wind Systems A/S (OTCMKTS:VWDRY) Sees Large Growth in Short Interest

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

Analyst Ratings Changes

Several equities research analysts recently commented on VWDRY shares. Berenberg Bank downgraded Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 14th. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 7th. Finally, Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Vestas Wind Systems A/S Stock Performance

VWDRY stock opened at $4.32 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.02 and a quick ratio of 0.54. Vestas Wind Systems A/S has a 1 year low of $4.19 and a 1 year high of $9.93. The company has a market cap of $13.09 billion, a P/E ratio of 432.00 and a beta of 1.21. The stock’s fifty day moving average price is $4.66 and its 200-day moving average price is $6.40.

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.