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

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 500 shares, a growth of 400.0% from the September 30th total of 100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 600 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 600 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the company’s shares are sold short.

Worley Price Performance

Shares of OTCMKTS WYGPY opened at $9.05 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25. The stock has a fifty day moving average price of $9.29 and a 200 day moving average price of $8.62. Worley has a 1-year low of $6.59 and a 1-year high of $10.69.

Worley Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 9th were given a $0.1295 dividend. The ex-dividend date was Monday, September 8th. This represents a yield of 267.0%.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada raised shares of Worley from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

About Worley

Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, supply chain management, project management, and operation and maintenance services, as well as maintenance, modification, and operation services.