Worley Limited (OTCMKTS:WYGPY) Short Interest Update

Worley Limited (OTCMKTS:WYGPY - Get Free Report) was the recipient of a significant drop in short interest in 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. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Worley Trading Down 1.9 %

Shares of WYGPY traded down $0.17 during mid-day trading on Monday, reaching $9.13. The stock had a trading volume of 393 shares, compared to its average volume of 2,105. The business has a fifty day moving average of $9.24 and a 200 day moving average of $9.21. 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 has a 12 month low of $7.82 and a 12 month high of $11.27.

Worley Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, March 10th will be issued 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.

Wall Street Analyst Weigh In

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 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.