Short Interest in Worldline SA (OTCMKTS:WRDLY) Drops By 57.6%

Worldline SA (OTCMKTS:WRDLY) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 999 shares, a drop of 57.6% from the February 26th total of 2,355 shares. Based on an average daily volume of 4,956 shares, the days-to-cover ratio is currently 0.2 days.

Worldline Trading Down 8.1%

Shares of Worldline stock opened at $0.66 on Friday. Worldline has a 52 week low of $0.63 and a 52 week high of $3.34. The firm’s 50 day moving average is $0.76 and its two-hundred day moving average is $1.01.

Analyst Ratings Changes

A number of brokerages recently commented on WRDLY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Worldline in a research note on Thursday, January 8th. Oddo Bhf upgraded Worldline from an “underperform” rating to a “neutral” rating in a research note on Friday, January 30th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Worldline currently has an average rating of “Reduce”.

About Worldline

Worldline (OTCMKTS:WRDLY) is a global provider of payment and transactional services, offering secure solutions for merchants, financial institutions and public sector organizations. The company’s core business encompasses merchant acquiring, point-of-sale terminals, e-commerce solutions and digital banking services, enabling clients to manage the full payments lifecycle across in-store, online and mobile channels.

Beyond merchant services, Worldline delivers a range of value-added offerings including contactless and mobile payment acceptance, fraud detection and prevention tools, digital wallet integration and loyalty program management.