Worley Limited (OTCMKTS:WYGPY) sees a significant increase in short-term interest

Worley Limited (OTCMKTS:WYGPY – Get Rating) was the target of a significant increase in short interest during the month of May. As of May 31, there was selling interest totaling 600 shares, a 50.0% increase from the May 15 total of 400 shares. Based on an average daily volume of 2,000 shares, the day-to-cover ratio is currently 0.3 days.

WYGPY has been the subject of several recent research reports. Goldman Sachs Group downgraded Worley’s shares from a “buy” rating to a “neutral” rating in a report on Sunday, June 5. JPMorgan Chase & Co. downgraded Worley’s shares from a “neutral” rating to an “underweight” rating in a Wednesday, February 23 report.

Shares of Worley opened at $10.22 on Tuesday. Worley has a 12-month low of $6.57 and a 12-month high of $11.22. The company’s 50-day moving average price is $10.22 and its 200-day moving average price is $9.01.

Worley Company Profile (Get a rating)

Worley Limited provides professional project and asset services to the energy, chemicals and resources sectors worldwide. The company offers digital services, consulting, engineering and design, construction management, construction and manufacturing, project management, operations and maintenance, as well as maintenance, modification services. and operating.

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