Worldpay Inc Class A (NYSE:WP) Reports Decline in Sellers; Strong Momentum for Longs

July 16, 2018 - By Jason Dias

The stock of Worldpay Inc Class A (NYSE:WP) registered a decrease of 4.69% in short interest. WP’s total short interest was 9.66M shares in July as published by FINRA. Its down 4.69% from 10.14M shares, reported previously. With 1.43M shares average volume, it will take short sellers 7 days to cover their WP’s short positions.

The stock increased 0.15% or $0.13 during the last trading session, reaching $86.61. About 730,433 shares traded. Worldpay, Inc. (NYSE:WP) has risen 25.74% since July 16, 2017 and is uptrending. It has outperformed by 13.17% the S&P500.

Worldpay, Inc., through its subsidiary, Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States. The company has market cap of $27.08 billion. It operates through two divisions, Merchant Services and Financial Institution Services. It currently has negative earnings. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to national merchants, and regional and small-to-mid sized businesses.

Another recent and important Worldpay, Inc. (NYSE:WP) news was published by Seekingalpha.com which published an article titled: “Worldpay Finance gets consents from almost 75% of EUR500M notes due 2022” on July 16, 2018.

Worldpay, Inc. (NYSE:WP) Ratings Chart

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