Short Interest in Wolters Kluwer (OTCMKTS:WTKWY) Declines By 87.5%

Wolters Kluwer (OTCMKTS:WTKWYGet Rating) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 100 shares, a decrease of 87.5% from the April 15th total of 800 shares. Based on an average daily trading volume, of 37,100 shares, the short-interest ratio is currently 0.0 days.

A number of research firms recently weighed in on WTKWY. Zacks Investment Research raised shares of Wolters Kluwer from a “sell” rating to a “hold” rating in a report on Saturday. The Goldman Sachs Group began coverage on shares of Wolters Kluwer in a research report on Thursday, January 20th. They set a “neutral” rating for the company. Citigroup upgraded shares of Wolters Kluwer from a “sell” rating to a “neutral” rating in a research report on Thursday, February 24th. Oddo Bhf upgraded shares of Wolters Kluwer from a “neutral” rating to an “outperform” rating and set a €105.00 ($110.53) price objective for the company in a research report on Wednesday, March 9th. Finally, Societe Generale increased their price objective on shares of Wolters Kluwer from €97.00 ($102.11) to €98.00 ($103.16) in a research report on Friday, February 25th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Wolters Kluwer has a consensus rating of “Hold” and a consensus target price of $103.61.

Shares of Wolters Kluwer stock traded down $0.49 during trading on Wednesday, hitting $98.10. The stock had a trading volume of 33,610 shares, compared to its average volume of 21,936. The firm’s fifty day simple moving average is $103.56 and its 200-day simple moving average is $106.49. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.90 and a quick ratio of 0.87. Wolters Kluwer has a 12 month low of $92.92 and a 12 month high of $119.17.

The company also recently announced a dividend, which will be paid on Wednesday, May 25th. Stockholders of record on Tuesday, April 26th will be issued a $0.9724 dividend. The ex-dividend date of this dividend is Monday, April 25th. This represents a dividend yield of 1.45%.

About Wolters Kluwer (Get Rating)

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through four segments: Health; Tax & Accounting; Governance, Risk & Compliance; and Legal & Regulatory.

Further Reading

Receive News & Ratings for Wolters Kluwer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolters Kluwer and related companies with MarketBeat.com's FREE daily email newsletter.