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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 147,200 shares, a decline of 21.3% from the February 13th total of 187,100 shares. Approximately 0.0% of the shares of the company are short sold. 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 Stock Performance

Shares of OTCMKTS VWDRY opened at $5.41 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 0.87. The stock has a 50 day simple moving average of $4.66 and a 200-day simple moving average of $5.45. The company has a market cap of $16.39 billion, a PE ratio of 31.83 and a beta of 1.25. Vestas Wind Systems A/S has a 12-month low of $4.19 and a 12-month high of $9.93.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last released its earnings results on Wednesday, February 5th. The energy company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates 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, equities research analysts forecast that Vestas Wind Systems A/S will post 0.27 EPS for the current 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 given a $0.0158 dividend. 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 dividend 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.