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

Key Points

• Worley Limited's short interest decreased by 25.0% in August, totaling 300 shares, leading to a short-interest ratio of 1.0 days.
• The company announced a dividend of $0.1295 per share scheduled for payment on October 16th, with a significant yield of 267.0%.
• Royal Bank of Canada upgraded Worley's rating from "hold" to a "moderate buy", contributing to an overall average rating of "Buy" for the stock.

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY - Get Free Report) saw a significant decrease in short interest in August. As of August 15th, there was short interest totaling 300 shares, adecreaseof25.0% from the July 31st total of 400 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 300 shares, the short-interest ratio is currently 1.0 days.

Worley Stock Performance

Shares of OTCMKTS:WYGPY opened at $8.75 on Monday. Worley has a 1 year low of $6.59 and a 1 year high of $10.69. The business has a fifty day simple moving average of $8.66 and a 200 day simple moving average of $8.44.

Worley Announces Dividend

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. This represents a yield of 267.0%. The ex-dividend date of this dividend is Monday, September 8th.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded Worley from a "hold" rating to a "moderate buy" rating in a report on Tuesday, September 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy".

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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