Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Up 816.7% in October

Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 5,500 shares, a growth of 816.7% from the September 30th total of 600 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 3.9 days.

Wärtsilä Oyj Abp Price Performance

Shares of OTCMKTS:WRTBY remained flat at $4.52 during trading hours on Friday. The stock's fifty day simple moving average is $4.31 and its 200-day simple moving average is $4.07. The company has a market cap of $13.31 billion, a PE ratio of 45.20 and a beta of 1.06. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.16 and a quick ratio of 0.75. Wärtsilä Oyj Abp has a 52 week low of $2.08 and a 52 week high of $4.69.

Wärtsilä Oyj Abp Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 11th were given a $0.0356 dividend. This is a boost from Wärtsilä Oyj Abp's previous dividend of $0.03. The ex-dividend date of this dividend was Wednesday, September 11th. Wärtsilä Oyj Abp's dividend payout ratio (DPR) is currently 20.00%.

Wall Street Analyst Weigh In

Separately, Hsbc Global Res raised shares of Wärtsilä Oyj Abp to a "moderate sell" rating in a report on Friday, September 13th.

Wärtsilä Oyj Abp Company Profile

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.