Short Interest in Vestas Wind Systems AS (OTCMKTS:VWDRY) Grows By 72.7%

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 253,000 shares, an increase of 72.7% from the May 15th total of 146,500 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 352,500 shares, the days-to-cover ratio is presently 0.7 days.

Analyst Ratings Changes

Several research firms recently commented on VWDRY. Berenberg Bank upgraded shares of Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Citigroup restated a "buy" rating on shares of Vestas Wind Systems AS in a report on Wednesday, May 21st.

Vestas Wind Systems AS Price Performance

Shares of OTCMKTS VWDRY traded down $0.13 during trading on Wednesday, reaching $5.37. The company had a trading volume of 238,888 shares, compared to its average volume of 166,571. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $8.63. The business's 50 day moving average price is $4.97 and its 200-day moving average price is $4.76. The stock has a market cap of $16.27 billion, a PE ratio of 26.85, a PEG ratio of 0.67 and a beta of 1.32. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.60 and a current ratio of 1.02.

Vestas Wind Systems AS 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.