Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) Short Interest Update

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) saw a large growth in short interest during the month of 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 volume of 2,300 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 0.3 days.

Worley Stock Performance

Shares of OTCMKTS WYGPY traded down $0.30 during midday trading on Thursday, hitting $9.58. The company had a trading volume of 258 shares, compared to its average volume of 707. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25. Worley has a twelve month low of $6.59 and a twelve month high of $10.69. The business has a 50-day simple moving average of $8.86 and a two-hundred day simple moving average of $8.48.

Worley Dividend Announcement

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

Analyst Ratings Changes

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