Short Interest in John Wiley & Sons, Inc. (NYSE:WLYB) Declines By 33.3%

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 200 shares, a decline of 33.3% from the May 15th total of 300 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 0.3 days.

John Wiley & Sons Stock Up 9.8%

John Wiley & Sons stock traded up $3.94 during mid-day trading on Friday, hitting $44.19. The company's stock had a trading volume of 23,605 shares, compared to its average volume of 852. John Wiley & Sons has a 52-week low of $37.27 and a 52-week high of $52.90. The company has a market cap of $2.38 billion, a PE ratio of 28.88 and a beta of 0.68. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.54 and a quick ratio of 0.52. The firm's 50 day moving average is $42.07 and its 200 day moving average is $42.67.

John Wiley & Sons (NYSE:WLYB - Get Free Report) last posted its quarterly earnings results on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.27 by $0.10. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%. The business had revenue of $442.58 million during the quarter, compared to analysts' expectations of $435.00 million.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) is currently 92.16%.

Hedge Funds Weigh In On John Wiley & Sons

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC acquired a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,500 shares of the company's stock, valued at approximately $201,000. 0.49% of the stock is currently owned by institutional investors.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.