Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) Sees Significant Growth in Short Interest

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

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group downgraded Worley from a “strong-buy” rating to a “hold” rating in a research 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Worley Stock Performance

Shares of Worley stock opened at $8.89 on Monday. The stock’s 50-day simple moving average is $8.37 and its 200-day simple moving average is $8.71. Worley has a 52 week low of $6.49 and a 52 week high of $9.99.

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.