Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Up 3,629.0% in March

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 113,808 shares, a growth of 3,629.0% from the March 15th total of 3,052 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 386,385 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

A number of research firms recently weighed in on VWDRY. 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 lowered Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Vestas Wind Systems AS currently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Up 1.4%

Vestas Wind Systems AS stock traded up $0.14 during mid-day trading on Friday, reaching $10.23. 96,015 shares of the company’s stock were exchanged, compared to its average volume of 220,054. The company has a market cap of $31.00 billion, a P/E ratio of 34.10, a P/E/G ratio of 1.51 and a beta of 1.05. Vestas Wind Systems AS has a twelve month low of $4.03 and a twelve month high of $10.44. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 0.67. The company has a fifty day moving average of $8.69 and a 200-day moving average of $8.24.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. The business had revenue of $7.40 billion during the quarter, compared to the consensus estimate of $6.41 billion. Sell-side analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current year.

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.