Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Up 144.4% in April

Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 8,800 shares, a growth of 144.4% from the March 31st total of 3,600 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 16,500 shares, the short-interest ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Kepler Capital Markets upgraded Wärtsilä Oyj Abp from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. Pareto Securities cut Wärtsilä Oyj Abp from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 26th.

Wärtsilä Oyj Abp Stock Up 6.6 %

OTCMKTS WRTBY traded up $0.24 during mid-day trading on Friday, reaching $3.79. The stock had a trading volume of 10,531 shares, compared to its average volume of 10,123. Wärtsilä Oyj Abp has a 1 year low of $2.78 and a 1 year high of $4.69. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.79. The company has a fifty day moving average price of $3.69 and a 200 day moving average price of $3.78. The stock has a market cap of $11.16 billion, a PE ratio of 21.06 and a beta of 0.91.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) last announced its earnings results on Friday, April 25th. The company reported $0.04 EPS for the quarter. The company had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.66 billion. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. On average, research analysts expect that Wärtsilä Oyj Abp will post 0.18 earnings per share for the current year.

Wärtsilä Oyj Abp Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Monday, March 17th were issued a dividend of $0.0456 per share. This is an increase from Wärtsilä Oyj Abp's previous dividend of $0.04. The ex-dividend date was Monday, March 17th. Wärtsilä Oyj Abp's dividend payout ratio is 10.53%.

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.