Worldline (OTCMKTS:WWLNF) Sees Significant Growth in Short Interest

Worldline (OTCMKTS:WWLNF) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,950,569 shares, a growth of 2,233.8% from the April 15th total of 169,278 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WWLNF. The Goldman Sachs Group lowered Worldline from a “hold” rating to a “strong sell” rating in a research note on Friday, April 17th. Zacks Research raised Worldline to a “hold” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

Worldline Stock Performance

OTCMKTS WWLNF remained flat at $0.31 during trading hours on Monday. The company’s fifty day moving average price is $0.62 and its 200 day moving average price is $1.60. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05. Worldline has a 12-month low of $0.20 and a 12-month high of $6.22.

Worldline Company Profile

Worldline is a global leader in payment and transactional services, providing end-to-end solutions to merchants, banks and public sector organizations. Headquartered in France, the company specializes in secure payment processing, digital banking services and mobility solutions, supporting seamless customer experiences across online, in-store and mobile channels.

Worldline’s core offerings include merchant acquiring and point-of-sale services, card and digital payment processing, issuer processing and digital account services.