Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Down 76.3% in May

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 27,472 shares, a decline of 76.3% from the April 30th total of 115,997 shares. Based on an average daily volume of 545,655 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Vestas Wind Systems AS Stock Performance

VWDRY stock opened at $9.32 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $27.84 billion, a price-to-earnings ratio of 28.24, a P/E/G ratio of 1.40 and a beta of 1.01. Vestas Wind Systems AS has a 12 month low of $4.90 and a 12 month high of $10.58. The firm has a 50 day moving average of $9.71 and a two-hundred day moving average of $9.05.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its earnings results on Wednesday, May 6th. The energy company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.48 billion. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. As a group, equities analysts anticipate that Vestas Wind Systems AS will post 0.44 EPS for the current fiscal year.

Analysts Set New Price Targets

VWDRY has been the topic of a number of research analyst reports. Rothschild & Co Redburn raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Kepler Capital Markets downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.