Vestas Wind Systems A/S (OTCMKTS:VWDRY) Short Interest Up 860.4% in January

Vestas Wind Systems A/S (OTCMKTS:VWDRY) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 268,900 shares, an increase of 860.4% from the December 31st total of 28,000 shares. Based on an average daily trading volume, of 1,574,200 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Several equities research analysts have issued reports on VWDRY shares. Berenberg Bank downgraded shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th. Citigroup upgraded Vestas Wind Systems A/S to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 7th.

Vestas Wind Systems A/S Trading Down 1.3 %

Shares of OTCMKTS VWDRY traded down $0.06 during midday trading on Tuesday, reaching $4.43. 336,323 shares of the company were exchanged, compared to its average volume of 574,478. Vestas Wind Systems A/S has a one year low of $4.19 and a one year high of $9.93. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02. The stock’s 50-day moving average price is $4.58 and its 200-day moving average price is $6.19.

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.