Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Significant Decline in Short Interest

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 161,798 shares, a decrease of 32.1% from the December 31st total of 238,421 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 247,011 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 247,011 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VWDRY. Kepler Capital Markets upgraded shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Berenberg Bank downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Finally, DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

Vestas Wind Systems AS stock opened at $9.98 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.60 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average price of $9.00 and a 200 day moving average price of $7.43. Vestas Wind Systems AS has a 12-month low of $3.96 and a 12-month high of $10.24. The stock has a market cap of $30.24 billion, a P/E ratio of 29.35, a PEG ratio of 0.60 and a beta of 1.17.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.05. The business had revenue of $6.14 billion during the quarter, compared to analysts’ expectations of $5.43 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. Sell-side analysts anticipate that Vestas Wind Systems AS will post 0.27 earnings per share for the current 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.