Worldline (OTCMKTS:WWLNF) Sees Large Drop in Short Interest

Worldline (OTCMKTS:WWLNF) saw a large drop in short interest in April. As of April 15th, there was short interest totaling 169,278 shares, a drop of 90.2% from the March 31st total of 1,730,026 shares. Based on an average daily volume of 897 shares, the short-interest ratio is presently 188.7 days. Currently, 0.1% of the company’s stock are sold short.

Worldline Price Performance

OTCMKTS WWLNF opened at $0.31 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.97. The business has a fifty day simple moving average of $0.89 and a 200 day simple moving average of $1.83. Worldline has a 12 month low of $0.20 and a 12 month high of $6.22.

Analyst Ratings Changes

WWLNF has been the subject of a number of recent research reports. The Goldman Sachs Group lowered shares of Worldline from a “hold” rating to a “strong sell” rating in a research note on Friday, April 17th. Zacks Research raised shares of Worldline to a “hold” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Worldline currently has a consensus rating of “Reduce”.

About Worldline

Worldline is a global leader in payment and transactional services, providing end-to-end solutions to merchants, banks and public sector organizations. Headquartered in France, the company specializes in secure payment processing, digital banking services and mobility solutions, supporting seamless customer experiences across online, in-store and mobile channels.

Worldline’s core offerings include merchant acquiring and point-of-sale services, card and digital payment processing, issuer processing and digital account services.