Could WARTSILA CORPORATION ORDINARY SHARES FI (OTCMKTS:WRTBF) See a Reversal After More Sellers Came In?

June 15, 2018 - By Adrian Mccoy

Wärtsilä Oyj Abp (OTCMKTS:WRTBF) Logo

The stock of WARTSILA CORPORATION ORDINARY SHARES FI (OTCMKTS:WRTBF) registered an increase of 1.4% in short interest. WRTBF’s total short interest was 1.35M shares in June as published by FINRA. Its up 1.4% from 1.33M shares, reported previously. With 11,600 shares average volume, it will take short sellers 117 days to cover their WRTBF’s short positions.

It closed at $21.5673 lastly. It is down 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company has market cap of $12.41 billion. The firm offers gas power plants, multi-fuel power plants, and liquid fuel power plants, as well as seals, bearings, and associated equipment for the hydropower and tidal, and a range of industry sectors. It has a 27.06 P/E ratio. It also provides ballast water management systems; seismic, high pressure air and gas, CNG, and rig tensioning compressors; automation, direct electric heating, and electric propulsion systems; diesel, dual fuel, low-speed dual fuel, low-speed generation X, and low-speed RT-flex engines, as well as generating sets and auxiliary systems.

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