Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) Sees Large Decline in Short Interest

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 660 shares, a decline of 47.5% from the April 30th total of 1,257 shares. Based on an average trading volume of 723 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the shares of the stock are short sold.

Worley Price Performance

WYGPY opened at $8.78 on Monday. The company has a fifty day moving average price of $8.41 and a two-hundred day moving average price of $8.58. Worley has a 52 week low of $6.49 and a 52 week high of $9.99.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut shares of Worley from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Worley

Worley (OTCMKTS:WYGPY) is a global professional services company specializing in engineering, procurement and construction (EPC) solutions for the energy, chemicals and resources sectors. Headquartered in North Sydney, Australia, the firm offers project delivery, consulting and advisory services across the full asset lifecycle, from concept and feasibility through design, execution and operations support. Worley’s client base spans major international oil and gas companies, mining operators, petrochemical producers and utility providers.

The company’s service offerings encompass traditional engineering and project management as well as digital and sustainability-focused solutions.