Vestas Wind Systems A/S (OTCMKTS:VWDRY) Sees Large Increase in Short Interest

Vestas Wind Systems A/S (OTCMKTS:VWDRY) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 225,500 shares, a growth of 26.5% from the May 31st total of 178,300 shares. Based on an average daily trading volume, of 277,500 shares, the days-to-cover ratio is currently 0.8 days.

Vestas Wind Systems A/S Price Performance

Shares of VWDRY opened at $7.67 on Friday. The company has a 50-day simple moving average of $8.91 and a two-hundred day simple moving average of $9.17. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.54 and a current ratio of 1.06. Vestas Wind Systems A/S has a one year low of $6.23 and a one year high of $10.62.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last released its earnings results on Thursday, May 2nd. The energy company reported ($0.03) EPS for the quarter. The firm had revenue of $2.91 billion during the quarter. Vestas Wind Systems A/S had a negative net margin of 0.04% and a negative return on equity of 0.22%. Research analysts anticipate that Vestas Wind Systems A/S will post 0.18 earnings per share for the current fiscal year.

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.