Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Update

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the target of a significant drop in short interest during the month of 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 volume of 6,800 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Hsbc Global Res upgraded Wärtsilä Oyj Abp to a “moderate sell” rating in a research report on Friday, September 13th.

Wärtsilä Oyj Abp Stock Down 3.7 %

WRTBY traded down $0.14 on Wednesday, hitting $3.64. The company had a trading volume of 2,453 shares, compared to its average volume of 26,838. The stock has a fifty day moving average price of $4.21 and a 200-day moving average price of $4.15. Wärtsilä Oyj Abp has a 12-month low of $2.68 and a 12-month high of $4.69. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.75 and a current ratio of 1.16. The stock 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 for the quarter. Wärtsilä Oyj Abp had a return on equity of 20.03% and a net margin of 7.03%. The business had revenue of $1.89 billion for the quarter. Analysts predict that Wärtsilä Oyj Abp will post 0.16 EPS for the current fiscal year.

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.