Short Interest in Vestas Wind Systems A/S (OTCMKTS:VWDRY) Increases By 96.9%

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 146,500 shares, an increase of 96.9% from the April 30th total of 74,400 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 850,500 shares, the days-to-cover ratio is currently 0.2 days.

Vestas Wind Systems A/S Trading Down 1.0%

VWDRY traded down $0.05 during trading on Tuesday, reaching $5.20. 276,721 shares of the stock traded hands, compared to its average volume of 434,372. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $15.76 billion, a PE ratio of 30.59 and a beta of 1.31. The stock's 50-day moving average is $4.70 and its 200 day moving average is $4.70. Vestas Wind Systems A/S has a 12 month low of $3.96 and a 12 month high of $9.93.

Wall Street Analyst Weigh In

Several analysts recently weighed in on VWDRY shares. Berenberg Bank raised shares of Vestas Wind Systems A/S from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Citigroup reissued a "buy" rating on shares of Vestas Wind Systems A/S in a research note on Wednesday, May 21st.

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.