Worldline SA (OTCMKTS:WWLNF) Short Interest Up 73.5% in December

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

Analysts Set New Price Targets

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

Worldline Price Performance

Worldline stock opened at $9.00 on Friday. The firm’s 50 day simple moving average is $7.57 and its 200 day simple moving average is $9.06. Worldline has a 1-year low of $6.44 and a 1-year high of $17.40.

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.