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.
View Our Latest Analysis on WRTBY
Wärtsilä Oyj Abp Company Profile
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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.
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