Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Down 61.2% in January

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

Analyst Ratings Changes

VWDRY has been the topic of several analyst reports. Berenberg Bank downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Finally, Kepler Capital Markets downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Vestas Wind Systems AS presently has a consensus rating of “Hold”.

Vestas Wind Systems AS Trading Down 1.1%

OTCMKTS VWDRY traded down $0.09 on Friday, hitting $8.07. 27,831 shares of the stock were exchanged, compared to its average volume of 193,086. Vestas Wind Systems AS has a 52-week low of $3.96 and a 52-week high of $10.44. The firm has a market capitalization of $24.45 billion, a P/E ratio of 26.90, a P/E/G ratio of 1.27 and a beta of 1.16. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97. The stock has a fifty day moving average price of $9.22 and a two-hundred day moving average price of $7.62.

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

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.