Short Interest in Vestas Wind Systems AS (OTCMKTS:VWDRY) Drops By 89.6%

Key Points

• Short interest plunged 89.6% in August to 20,344 shares, representing approximately 0.0% of Vestas’ outstanding shares and just 0.1 days of average trading volume.
• Vestas shares rose 0.6% to $10.96, near their 52-week high, while the company reported quarterly EPS of $0.11 and revenue of $5.45 billion—both above analyst expectations.
• Analyst sentiment is moderately bullish: coverage includes three Strong Buy ratings, one Buy, two Holds and one Sell, with Kepler Capital Markets recently upgrading the stock to Strong Buy.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 20,344 shares, a drop of 89.6% from the July 30th total of 195,939 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 229,253 shares, the short-interest ratio is currently 0.1 days.

Vestas Wind Systems AS Trading Up 0.6%

Shares of VWDRY stock traded up $0.06 during trading hours on Tuesday, reaching $10.96. The company had a trading volume of 95,053 shares, compared to its average volume of 251,842. Vestas Wind Systems AS has a 1-year low of $5.92 and a 1-year high of $11.05. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 0.67. The firm has a market cap of $32.73 billion, a price-to-earnings ratio of 25.49, a P/E/G ratio of 0.79 and a beta of 0.97. The company has a 50 day moving average of $9.29 and a 200 day moving average of $9.20.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. The business had revenue of $5.45 billion during the quarter, compared to analysts' expectations of $5.19 billion. Vestas Wind Systems AS had a return on equity of 29.50% and a net margin of 5.42%. On average, equities research analysts anticipate that Vestas Wind Systems AS will post 0.54 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Kepler Capital Markets raised Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Vestas Wind Systems AS in a report on Friday, August 14th. Finally, Citigroup reaffirmed a "buy" rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S OTCMKTS: VWDRY is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project's lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas' product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.

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