Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Up 300.0% in January

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,800 shares, an increase of 300.0% from the December 31st total of 700 shares. Based on an average trading volume of 9,600 shares, the short-interest ratio is currently 0.3 days.

Wärtsilä Oyj Abp Stock Up 7.6 %

WRTBY traded up $0.28 during trading hours on Thursday, hitting $3.97. 1,249 shares of the company’s stock were exchanged, compared to its average volume of 4,458. The firm has a 50 day moving average of $3.63 and a 200 day moving average of $4.00. The firm has a market cap of $11.69 billion, a P/E ratio of 26.47 and a beta of 1.05. The company has a current ratio of 1.16, a quick ratio of 0.75 and a debt-to-equity ratio of 0.18. Wärtsilä Oyj Abp has a 12-month low of $2.87 and a 12-month high of $4.69.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.05 EPS for the quarter. Wärtsilä Oyj Abp had a net margin of 7.03% and a return on equity of 20.03%. The company had revenue of $1.89 billion during 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.