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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was the target of a significant increase in short interest in 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 volume of 1,524,200 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of analysts have recently weighed in on VWDRY shares. Fearnley Fonds raised 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 Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Berenberg Bank cut Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th.

Vestas Wind Systems A/S Price Performance

Shares of OTCMKTS VWDRY opened at $4.86 on Thursday. Vestas Wind Systems A/S has a twelve month low of $4.51 and a twelve month high of $10.62. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 0.53. The firm has a 50-day moving average of $6.10 and a two-hundred day moving average of $7.46.

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.