Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Sees Significant Drop in Short Interest

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

Wärtsilä Oyj Abp Stock Performance

WRTBY opened at $3.72 on Friday. Wärtsilä Oyj Abp has a 1-year low of $2.90 and a 1-year high of $4.69. The stock has a market cap of $10.96 billion, a P/E ratio of 20.67 and a beta of 1.07. The stock’s 50 day simple moving average is $3.71 and its 200 day simple moving average is $3.97. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.19 and a quick ratio of 0.79.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last posted 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 22.33% and a net margin of 7.81%. As a group, equities analysts anticipate that Wärtsilä Oyj Abp will post 0.17 EPS for the current fiscal year.

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.