Short Interest in Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Decreases By 36.4%

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 700 shares, a drop of 36.4% from the December 15th total of 1,100 shares. Based on an average trading volume of 10,300 shares, the days-to-cover ratio is presently 0.1 days.

Wärtsilä Oyj Abp Stock Up 3.5 %

Wärtsilä Oyj Abp stock opened at $3.67 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.16 and a quick ratio of 0.75. The firm has a market capitalization of $10.80 billion, a price-to-earnings ratio of 24.45 and a beta of 1.05. The company’s 50 day simple moving average is $3.65 and its 200 day simple moving average is $4.03. Wärtsilä Oyj Abp has a fifty-two week low of $2.80 and a fifty-two week high of $4.69.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last announced its earnings results on Tuesday, October 29th. The company reported $0.05 EPS for the quarter. The firm had revenue of $1.89 billion for the quarter. Wärtsilä Oyj Abp had a net margin of 7.03% and a return on equity of 20.03%.

About Wärtsilä Oyj Abp

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.