Short Interest in Vestas Wind Systems A/S (OTCMKTS:VWDRY) Expands By 12,583.3%

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 76,100 shares, an increase of 12,583.3% from the October 31st total of 600 shares. Based on an average daily volume of 1,524,200 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on VWDRY shares. Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. Finally, Berenberg Bank downgraded shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th.

Vestas Wind Systems A/S Trading Up 4.5 %

Shares of OTCMKTS VWDRY opened at $4.86 on Friday. Vestas Wind Systems A/S has a 12-month low of $4.51 and a 12-month high of $10.62. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. The company has a 50-day moving average of $6.03 and a 200 day moving average of $7.44.

About Vestas Wind Systems A/S

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.