John Wiley & Sons, Inc. (NYSE:WLYB) Short Interest Down 50.0% in July

Key Points

• The short interest in John Wiley & Sons, Inc. decreased by 50.0% in July, with only 300 shares sold short as of July 31st.
• Gabelli Funds LLC acquired a new stake in John Wiley & Sons, purchasing 4,500 shares valued at approximately $201,000.
• The company recently raised its quarterly dividend to $0.355, representing an annualized yield of 3.5%.

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 300 shares, adecreaseof50.0% from the July 15th total of 600 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 0.5 days. Currently,0.0% of the company's stock are sold short. Currently,0.0% of the company's stock are sold short. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC purchased a new stake in John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,500 shares of the company's stock, valued at approximately $201,000. 0.49% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Trading Up 4.6%

NYSE WLYB opened at $40.02 on Friday. John Wiley & Sons has a 1-year low of $37.27 and a 1-year high of $52.90. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $2.14 billion, a PE ratio of 26.16 and a beta of 0.76. The firm's fifty day simple moving average is $41.10 and its 200-day simple moving average is $41.92.

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

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Tuesday, July 8th were issued a $0.355 dividend. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.42 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Tuesday, July 8th. John Wiley & Sons's dividend payout ratio is currently 92.81%.

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.

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