Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Update

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 2,300 shares, a drop of 90.7% from the October 31st total of 24,800 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is currently 0.3 days.

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 Price Performance

Shares of WRTBY stock traded down $0.14 on Wednesday, reaching $3.64. The company’s stock had a trading volume of 2,453 shares, compared to its average volume of 26,838. The stock’s fifty day simple moving average is $4.21 and its 200-day simple moving average is $4.15. Wärtsilä Oyj Abp has a 1 year low of $2.68 and a 1 year high of $4.69. The company has a current ratio of 1.16, a quick ratio of 0.75 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $10.71 billion, a price-to-earnings ratio of 25.17 and a beta of 1.08.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $1.89 billion during the quarter. Wärtsilä Oyj Abp had a return on equity of 20.03% and a net margin of 7.03%. Analysts forecast that Wärtsilä Oyj Abp will post 0.16 earnings per share for the current fiscal year.

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.