Worldline (OTCMKTS:WWLND) Sees Large Decline in Short Interest

Worldline (OTCMKTS:WWLND) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 141,633 shares, a drop of 97.7% from the May 31st total of 6,122,503 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days. Approximately 2.0% of the shares of the company are sold short.

Analysts Set New Price Targets

WWLND has been the subject of a number of analyst reports. The Goldman Sachs Group downgraded Worldline from a “hold” rating to a “strong sell” rating in a research note on Friday, April 17th. Zacks Research upgraded Worldline to a “hold” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Worldline has an average rating of “Reduce”.

Worldline Price Performance

Shares of OTCMKTS:WWLND remained flat at $12.13 during trading on Thursday. The stock had a trading volume of 3 shares, compared to its average volume of 156. The business’s 50-day simple moving average is $13.61. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.97. Worldline has a fifty-two week low of $0.20 and a fifty-two week high of $6.22.

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.