Short Interest in Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) Decreases By 74.7%

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 1,257 shares, a decline of 74.7% from the April 15th total of 4,967 shares. Based on an average daily trading volume, of 3,406 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered shares of Worley from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Worley Price Performance

OTCMKTS WYGPY opened at $8.67 on Wednesday. Worley has a one year low of $6.49 and a one year high of $9.99. The company has a 50-day simple moving average of $8.03 and a 200-day simple moving average of $8.59.

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.