Short Interest in Worley Limited (OTCMKTS:WYGPY) Declines By 75.0%

Worley Limited (OTCMKTS:WYGPY - Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 100 shares, a drop of 75.0% from the April 30th total of 400 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut Worley from a "moderate buy" rating to a "hold" rating in a report on Friday, March 14th.

Worley Stock Performance

Shares of OTCMKTS:WYGPY traded down $0.04 during midday trading on Friday, reaching $8.38. 2,179 shares of the company's stock traded hands, compared to its average volume of 1,687. The company has a fifty day simple moving average of $7.94 and a two-hundred day simple moving average of $8.61. Worley has a 1 year low of $6.59 and a 1 year high of $11.00. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.35.

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.