Wärtsilä Oyj Abp (OTCMKTS:WRTBY – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 5,500 shares, an increase of 816.7% from the September 30th total of 600 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 3.9 days.
Wall Street Analysts Forecast Growth
Separately, Hsbc Global Res upgraded shares of Wärtsilä Oyj Abp to a “moderate sell” rating in a research note on Friday, September 13th.
Get Our Latest Stock Analysis on Wärtsilä Oyj Abp
Wärtsilä Oyj Abp Price Performance
Wärtsilä Oyj Abp Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 11th were paid a $0.0356 dividend. This is a positive change from Wärtsilä Oyj Abp’s previous dividend of $0.03. The ex-dividend date was Wednesday, September 11th. Wärtsilä Oyj Abp’s payout ratio is currently 20.00%.
About Wärtsilä Oyj Abp
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.
Featured Stories
- Five stocks we like better than Wärtsilä Oyj Abp
- Stock Sentiment Analysis: How it Works
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Russell 2000 Index, How Investors Use it For Profitable Trading
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Dividend Payout Ratio Calculator
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for Wärtsilä Oyj Abp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wärtsilä Oyj Abp and related companies with MarketBeat.com's FREE daily email newsletter.