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

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

Vestas Wind Systems A/S Price Performance

OTCMKTS VWDRY opened at $5.41 on Tuesday. The stock has a market capitalization of $16.39 billion, a P/E ratio of 31.83 and a beta of 1.25. Vestas Wind Systems A/S has a 1 year low of $4.19 and a 1 year high of $9.93. The business’s fifty day moving average is $4.66 and its two-hundred day moving average is $5.45. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.54 and a current ratio of 1.04.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, February 5th. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. On average, research analysts forecast 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 announced a dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.0158 per share. This is an increase from Vestas Wind Systems A/S’s previous dividend of $0.01. The ex-dividend date is Thursday, April 10th. Vestas Wind Systems A/S’s payout ratio is 5.88%.

About Vestas Wind Systems A/S

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.