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 large growth in short interest in the month of April. As of April 15th, there was short interest totalling 131,500 shares, a growth of 28.0% from the March 31st total of 102,700 shares. Based on an average daily volume of 782,200 shares, the short-interest ratio is presently 0.2 days.

Vestas Wind Systems A/S Trading Up 2.6 %

Shares of OTCMKTS:VWDRY opened at $8.74 on Friday. The company’s 50 day moving average price is $9.01 and its two-hundred day moving average price is $8.86. Vestas Wind Systems A/S has a 12-month low of $6.23 and a 12-month high of $10.62. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.60 and a current ratio of 1.06.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, February 7th. The energy company reported $0.05 earnings per share (EPS) for the quarter. Vestas Wind Systems A/S had a net margin of 0.50% and a return on equity of 2.56%. The business had revenue of $5.16 billion for the quarter. As a group, sell-side analysts predict that Vestas Wind Systems A/S will post 0.17 earnings per share for the current year.

About Vestas Wind Systems A/S

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.