Vestas Wind Systems A/S (OTCMKTS:VWDRY) Short Interest Up 860.4% in December

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 268,900 shares, a growth of 860.4% from the December 15th total of 28,000 shares. Based on an average daily trading volume, of 1,574,200 shares, the days-to-cover ratio is presently 0.2 days.

Vestas Wind Systems A/S Stock Performance

Shares of VWDRY stock traded up $0.09 during mid-day trading on Monday, reaching $4.35. 504,382 shares of the company's stock traded hands, compared to its average volume of 698,069. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02. The firm has a market capitalization of $13.18 billion, a PE ratio of 435.00 and a beta of 1.21. Vestas Wind Systems A/S has a 12 month low of $4.19 and a 12 month high of $9.93. The firm has a 50 day moving average price of $4.69 and a two-hundred day moving average price of $6.43.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Citigroup raised Vestas Wind Systems A/S to a "strong-buy" rating in a research report on Wednesday, October 2nd. Fearnley Fonds raised shares of Vestas Wind Systems A/S from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 7th. Finally, Berenberg Bank downgraded shares of Vestas Wind Systems A/S from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 14th.

Vestas Wind Systems A/S Company Profile

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.