Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Down 74.9% in February

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 15,791 shares, a decline of 74.9% from the January 29th total of 62,847 shares. Based on an average daily trading volume, of 579,755 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 579,755 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Several research firms recently commented on VWDRY. Berenberg Bank cut shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Barclays reiterated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Kepler Capital Markets lowered Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Vestas Wind Systems AS Price Performance

Shares of Vestas Wind Systems AS stock opened at $8.36 on Friday. The firm has a market cap of $25.32 billion, a P/E ratio of 27.86, a price-to-earnings-growth ratio of 1.27 and a beta of 1.16. The firm’s 50-day simple moving average is $9.14 and its 200-day simple moving average is $7.78. Vestas Wind Systems AS has a twelve month low of $3.96 and a twelve month high of $10.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.66 and a current ratio of 1.00.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. The firm had revenue of $7.40 billion during the quarter, compared to analysts’ expectations of $6.41 billion. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. As a group, research analysts expect 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.