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

Key Points

• Short interest rose 54.8% in March to 5,746 shares as of March 13, representing about 0.0% of the company's shares and a short-interest ratio of 0.7 days based on average volume.
• Jefferies downgraded Worley from a "strong-buy" to a "hold" on Feb. 26, while the stock's consensus rating remains "Moderate Buy" (one Buy, one Hold).
• Worley opened at $7.46, trading below its 50- and 200-day moving averages ($8.56 and $8.82) with a 12-month range of $6.49–$9.99; the company shows a current and quick ratio of 1.03 and a debt-to-equity of 0.25.

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 5,746 shares, an increase of 54.8% from the February 26th total of 3,711 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 8,118 shares, the short-interest ratio is presently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut Worley from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

Worley Trading Down 1.3%

OTCMKTS:WYGPY opened at $7.46 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.25. The firm's fifty day simple moving average is $8.56 and its 200 day simple moving average is $8.82. Worley has a twelve month low of $6.49 and a twelve month high of $9.99.

Worley Company Profile

Worley OTCMKTS: WYGPY is a global professional services company specializing in engineering, procurement and construction (EPC) solutions for the energy, chemicals and resources sectors. Headquartered in North Sydney, Australia, the firm offers project delivery, consulting and advisory services across the full asset lifecycle, from concept and feasibility through design, execution and operations support. Worley's client base spans major international oil and gas companies, mining operators, petrochemical producers and utility providers.

The company's service offerings encompass traditional engineering and project management as well as digital and sustainability-focused solutions.

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