Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Update

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 3,000 shares, a growth of 130.8% from the January 31st total of 1,300 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is presently 0.5 days.

Wärtsilä Oyj Abp Stock Performance

Shares of WRTBY stock opened at $3.71 on Friday. Wärtsilä Oyj Abp has a 1-year low of $2.90 and a 1-year high of $4.69. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $10.93 billion, a price-to-earnings ratio of 20.63 and a beta of 1.07. The stock’s fifty day simple moving average is $3.78 and its 200-day simple moving average is $3.97.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last issued its earnings results on Wednesday, February 5th. The company reported $0.06 EPS for the quarter. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. On average, sell-side analysts predict that Wärtsilä Oyj Abp will post 0.18 earnings per share for the current fiscal year.

Wärtsilä Oyj Abp Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Monday, March 17th will be paid a $0.0456 dividend. The ex-dividend date of this dividend is Monday, March 17th. This is an increase from Wärtsilä Oyj Abp’s previous dividend of $0.04. Wärtsilä Oyj Abp’s payout ratio is 11.11%.

Wärtsilä Oyj Abp Company Profile

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.