Short Interest in Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) Decreases By 47.5%

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 660 shares, a drop of 47.5% from the April 30th total of 1,257 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 723 shares, the short-interest ratio is presently 0.9 days.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded Worley from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Worley Trading Up 9.6%

Worley stock traded up $0.84 during trading on Tuesday, hitting $9.62. 329 shares of the company were exchanged, compared to its average volume of 328. The business’s 50 day moving average is $8.46 and its 200 day moving average is $8.59. Worley has a 52 week low of $6.49 and a 52 week 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.