Short Interest in Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Drops By 53.6%

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) saw a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,300 shares, a drop of 53.6% from the January 15th total of 2,800 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is presently 0.1 days.

Wärtsilä Oyj Abp Stock Up 1.8 %

Shares of WRTBY opened at $4.00 on Thursday. The firm has a market cap of $11.78 billion, a P/E ratio of 23.06 and a beta of 1.07. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.79 and a current ratio of 1.19. Wärtsilä Oyj Abp has a 52 week low of $2.90 and a 52 week high of $4.69. The firm’s 50-day simple moving average is $3.70 and its 200 day simple moving average is $3.97.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a return on equity of 22.33% and a net margin of 7.81%. On average, analysts forecast that Wärtsilä Oyj Abp will post 0.17 earnings per share for the current year.

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.