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

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

Worldline Price Performance

Shares of OTCMKTS:WWLND opened at $12.13 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05. Worldline has a 1-year low of $0.20 and a 1-year high of $6.22. The firm’s 50 day moving average price is $13.61.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on WWLND shares. The Goldman Sachs Group lowered shares of Worldline from a “hold” rating to a “strong sell” rating in a research report on Friday, April 17th. Zacks Research upgraded shares of Worldline to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

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.