Vestas Wind Systems A/S (OTCMKTS:VWDRY) Short Interest Update

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

Vestas Wind Systems A/S Trading Down 2.9 %

Shares of Vestas Wind Systems A/S stock traded down $0.14 during trading hours on Wednesday, reaching $4.65. The company’s stock had a trading volume of 531,600 shares, compared to its average volume of 801,992. The company’s 50 day simple moving average is $6.16 and its 200 day simple moving average is $7.48. 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 one year low of $4.51 and a one year high of $10.62.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 7th. Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Berenberg Bank cut shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 14th.

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.