Short Interest in Vestas Wind Systems A/S (OTCMKTS:VWDRY) Declines By 43.4%

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 152,100 shares, a drop of 43.4% from the December 31st total of 268,900 shares. Based on an average daily volume of 1,328,800 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on VWDRY shares. Berenberg Bank downgraded Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th. Fearnley Fonds upgraded Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th.

Vestas Wind Systems A/S Stock Performance

Vestas Wind Systems A/S stock opened at $4.53 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08. Vestas Wind Systems A/S has a twelve month low of $4.19 and a twelve month high of $9.93. The company’s 50-day moving average price is $4.57 and its 200-day moving average price is $6.14. The company has a market cap of $13.73 billion, a PE ratio of 453.00 and a beta of 1.21.

Vestas Wind Systems A/S Company Profile

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.