Worldline SA (OTCMKTS:WWLNF) Sees Large Increase in Short Interest

Worldline SA (OTCMKTS:WWLNF) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 421,600 shares, an increase of 73.5% from the November 30th total of 243,000 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 1,405.3 days.

Worldline Stock Performance

Shares of Worldline stock opened at $9.00 on Friday. Worldline has a 52-week low of $6.44 and a 52-week high of $17.40. The company’s 50 day moving average price is $7.57 and its 200-day moving average price is $9.06.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Citigroup upgraded shares of Worldline to a “strong-buy” rating in a research report on Tuesday, October 1st. Barclays raised shares of Worldline to a “hold” rating in a research note on Monday, September 30th. Finally, New Street Research upgraded Worldline to a “hold” rating in a report on Monday, September 9th.

Worldline Company Profile

Worldline SA provides payments and transactional services to financial institutions, merchants, corporations, and government agencies in Northern Europe, Central and Eastern Europe, Southern Europe, and internationally. The company operates through Merchant Services; Financial Services; and Mobility & e-Transactional Services segments.