Worley Limited (OTCMKTS:WYGPY) Short Interest Update

Worley Limited (OTCMKTS:WYGPY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 66.7% from the February 28th total of 300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada cut Worley from a “moderate buy” rating to a “hold” rating in a research report on Friday, March 14th.

Worley Price Performance

OTCMKTS WYGPY opened at $9.10 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.35. Worley has a 52 week low of $7.82 and a 52 week high of $11.27. The firm’s 50-day simple moving average is $9.23 and its two-hundred day simple moving average is $9.24.

Worley Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 24th. Investors of record on Monday, March 10th will be issued a $0.1575 dividend. The ex-dividend date of this dividend is Monday, March 10th. This is an increase from Worley’s previous dividend of $0.14.

About Worley

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.