Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) Short Interest Up 100.0% in August

Key Points

• Worley Limited's short interest surged by 100.0% in August, reaching a total of 600 shares as of August 31st, up from 300 shares on August 15th.
• The company's stock was upgraded from a "hold" to a "moderate buy" rating by Royal Bank of Canada, adding to its current consensus rating of "Buy".
• Worley announced a $0.1295 dividend per share, with an impressive yield of 267.0%, to be paid on October 16th to shareholders recorded by September 9th.

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY - Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 600 shares, a growth of 100.0% from the August 15th total of 300 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

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

Worley Stock Performance

Shares of OTCMKTS:WYGPY opened at $9.02 on Friday. Worley has a 52 week low of $6.59 and a 52 week high of $10.69. The company's fifty day moving average is $8.77 and its 200-day moving average is $8.45.

Worley Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 9th will be paid a $0.1295 dividend. This represents a dividend yield of 267.0%. The ex-dividend date is Monday, September 8th.

Worley Company Profile

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.

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