Short Interest in Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Increases By 200.0%

by · The Markets Daily

Wärtsilä Oyj Abp (OTCMKTS:WRTBY – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 600 shares, a growth of 200.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 3.0 days.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on WRTBY shares. Hsbc Global Res raised shares of Wärtsilä Oyj Abp to a “moderate sell” rating in a research note on Friday, September 13th. Deutsche Bank Aktiengesellschaft downgraded shares of Wärtsilä Oyj Abp from a “buy” rating to a “hold” rating in a research note on Thursday, June 20th.

View Our Latest Analysis on WRTBY

Wärtsilä Oyj Abp Price Performance

Wärtsilä Oyj Abp stock opened at $4.50 on Friday. Wärtsilä Oyj Abp has a 52-week low of $2.08 and a 52-week high of $4.50. The firm has a fifty day moving average of $4.15 and a 200-day moving average of $3.87. The firm has a market capitalization of $13.25 billion, a P/E ratio of 45.00 and a beta of 1.05. The company has a quick ratio of 0.75, a current ratio of 1.16 and a debt-to-equity ratio of 0.18.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY – Get Free Report) last released its quarterly earnings data on Friday, July 19th. The company reported $0.04 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a net margin of 6.29% and a return on equity of 17.23%. The company had revenue of $1.67 billion during the quarter. As a group, analysts predict that Wärtsilä Oyj Abp will post 0.16 EPS for the current year.

Wärtsilä Oyj Abp Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 11th will be given a $0.0356 dividend. The ex-dividend date is Wednesday, September 11th. This is a positive change from Wärtsilä Oyj Abp’s previous dividend of $0.03. Wärtsilä Oyj Abp’s dividend payout ratio is presently 20.00%.

About Wärtsilä Oyj Abp

(Get Free Report)

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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