Vestas Wind Systems A/S (OTCMKTS:VWDRY) Sees Large Growth in Short Interest

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 76,100 shares, a growth of 12,583.3% from the October 31st total of 600 shares. Based on an average trading volume of 1,524,200 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

VWDRY has been the subject of several analyst reports. Citigroup raised Vestas Wind Systems A/S to a “strong-buy” rating in a report on Wednesday, October 2nd. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th. Finally, Berenberg Bank lowered shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 14th.

Vestas Wind Systems A/S Trading Up 4.5 %

Shares of VWDRY stock opened at $4.86 on Thursday. The stock’s fifty day simple moving average is $6.10 and its 200-day simple moving average is $7.46. The company has a current ratio of 1.02, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11. Vestas Wind Systems A/S has a 1-year low of $4.51 and a 1-year high of $10.62.

Vestas Wind Systems A/S 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.