Worley Limited (OTCMKTS:WYGPY) Short Interest Update

Worley Limited (OTCMKTS:WYGPY) saw a large 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 900 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

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

Worley Price Performance

WYGPY opened at $9.30 on Friday. The company’s 50 day moving average is $9.24 and its 200-day moving average is $9.24. Worley has a 1-year low of $7.82 and a 1-year high of $11.27. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.22 and a current ratio of 1.22.

Worley Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.1575 per share. The ex-dividend date of this dividend is Monday, March 10th. This is a boost from Worley’s previous dividend of $0.14.

Worley Company Profile

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.