Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Up 3,629.0% in March

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 113,808 shares, an increase of 3,629.0% from the March 15th total of 3,052 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 386,385 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

VWDRY has been the topic of a number of recent research reports. DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Rothschild & Co Redburn upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Finally, 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. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

Vestas Wind Systems AS stock opened at $10.23 on Friday. The stock’s fifty day moving average price is $8.69 and its two-hundred day moving average price is $8.26. Vestas Wind Systems AS has a one year low of $4.03 and a one year high of $10.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.00 and a quick ratio of 0.66. The firm has a market cap of $31.00 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 1.55 and a beta of 1.05.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings data on Thursday, February 5th. The energy company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. Vestas Wind Systems AS had a return on equity of 23.30% and a net margin of 4.22%.The firm had revenue of $7.40 billion for the quarter, compared to analyst estimates of $6.41 billion. As a group, research analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

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.