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

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 9,703 shares, an increase of 68.9% from the March 15th total of 5,746 shares. Based on an average daily volume of 4,794 shares, the short-interest ratio is presently 2.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded shares of Worley from a “strong-buy” rating to a “hold” rating in a report 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 stock has a consensus rating of “Moderate Buy”.

Worley Price Performance

Shares of WYGPY opened at $8.78 on Wednesday. Worley has a 52-week low of $6.49 and a 52-week high of $9.99. The stock’s 50-day simple moving average is $8.34 and its 200 day simple moving average is $8.70.

About Worley

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.