Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Up 200.0% in July

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, a growth of 200.0% from the June 30th total of 200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 3.0 days.

Wärtsilä Oyj Abp Stock Performance

Shares of Wärtsilä Oyj Abp stock traded down $0.08 on Thursday, hitting $4.31. 230 shares of the company’s stock were exchanged, compared to its average volume of 123. The company has a 50-day simple moving average of $4.19 and a 200-day simple moving average of $3.50. The stock has a market capitalization of $12.69 billion, a PE ratio of 43.10 and a beta of 1.05. Wärtsilä Oyj Abp has a 1 year low of $2.08 and a 1 year high of $4.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.75 and a current ratio of 1.17.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last released its earnings results on Friday, April 26th. The company reported $0.03 earnings per share for the quarter. Wärtsilä Oyj Abp had a net margin of 6.29% and a return on equity of 17.35%. The company had revenue of $1.43 billion for the quarter. As a group, equities analysts anticipate that Wärtsilä Oyj Abp will post 0.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut shares of Wärtsilä Oyj Abp from a “buy” rating to a “hold” rating in a research note on Thursday, June 20th.

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.