Vestas Wind Systems A/S (OTCMKTS:VWDRY) Sees Significant Decrease in Short Interest

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 147,200 shares, a drop of 21.3% from the February 13th total of 187,100 shares. Based on an average daily volume of 593,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Vestas Wind Systems A/S Stock Up 3.4 %

Shares of OTCMKTS VWDRY opened at $5.19 on Monday. Vestas Wind Systems A/S has a 52 week low of $4.19 and a 52 week high of $9.93. The business has a 50-day simple moving average of $4.65 and a two-hundred day simple moving average of $5.47. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 0.87. The company has a market cap of $15.73 billion, a P/E ratio of 30.53 and a beta of 1.25.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last released its earnings results on Wednesday, February 5th. The energy company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Vestas Wind Systems A/S had a return on equity of 15.79% and a net margin of 2.85%. Research analysts anticipate that Vestas Wind Systems A/S will post 0.27 earnings per share for the current fiscal year.

Vestas Wind Systems A/S Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, April 10th will be paid a $0.0158 dividend. This is a boost from Vestas Wind Systems A/S’s previous dividend of $0.01. The ex-dividend date of this dividend is Thursday, April 10th. Vestas Wind Systems A/S’s dividend payout ratio is presently 5.88%.

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.