Worldline (OTCMKTS:WWLNF) Sees Significant Growth in Short Interest

Worldline (OTCMKTS:WWLNF) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,950,569 shares, a growth of 2,233.8% from the April 15th total of 169,278 shares. Currently, 1.4% of the company’s shares are sold short. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

Worldline Price Performance

WWLNF remained flat at $0.31 during trading on Monday. 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 12 month low of $0.20 and a 12 month high of $6.22. The business has a fifty day simple moving average of $0.62 and a two-hundred day simple moving average of $1.60.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WWLNF shares. Zacks Research raised Worldline to a “hold” rating in a research report on Monday, April 13th. The Goldman Sachs Group cut Worldline from a “hold” rating to a “strong sell” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Worldline Company Profile

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.