Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Update

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 3,000 shares, an increase of 130.8% from the January 31st total of 1,300 shares. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is currently 0.5 days.

Wärtsilä Oyj Abp Stock Performance

WRTBY opened at $3.71 on Friday. The company has a market cap of $10.93 billion, a PE ratio of 20.63 and a beta of 1.07. The stock has a 50-day moving average of $3.78 and a 200-day moving average of $3.97. Wärtsilä Oyj Abp has a 52-week low of $2.90 and a 52-week high of $4.69. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.79 and a current ratio of 1.24.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. As a group, equities research analysts forecast that Wärtsilä Oyj Abp will post 0.18 earnings per share for the current fiscal year.

Wärtsilä Oyj Abp Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 8th. Investors of record on Monday, March 17th will be given a dividend of $0.0456 per share. The ex-dividend date is Monday, March 17th. This is a boost from Wärtsilä Oyj Abp’s previous dividend of $0.04. Wärtsilä Oyj Abp’s payout ratio is currently 11.11%.

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.