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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 268,900 shares, an increase of 860.4% from the December 31st total of 28,000 shares. Based on an average daily volume of 1,574,200 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

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

Vestas Wind Systems A/S Trading Up 3.9 %

OTCMKTS:VWDRY opened at $4.52 on Thursday. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08. The company has a 50 day simple moving average of $4.57 and a two-hundred day simple moving average of $6.16. Vestas Wind Systems A/S has a 12 month low of $4.19 and a 12 month high of $9.93.

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.