Short Interest in Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Drops By 53.6%

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,300 shares, a decrease of 53.6% from the January 15th total of 2,800 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is currently 0.1 days.

Wärtsilä Oyj Abp Trading Up 4.2 %

OTCMKTS WRTBY opened at $3.88 on Friday. The company’s 50-day moving average price is $3.71 and its 200-day moving average price is $3.97. The company has a current ratio of 1.19, a quick ratio of 0.79 and a debt-to-equity ratio of 0.17. The stock has a market cap of $11.41 billion, a PE ratio of 21.53 and a beta of 1.07. Wärtsilä Oyj Abp has a 12 month low of $2.90 and a 12 month high of $4.69.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 EPS for the quarter. Wärtsilä Oyj Abp had a net margin of 7.81% and a return on equity of 22.33%. Equities research analysts forecast that Wärtsilä Oyj Abp will post 0.17 earnings per share for the current year.

About Wärtsilä Oyj Abp

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.