John Wiley & Sons, Inc. (NYSE:WLYB) Short Interest Update

Key Points

• Short interest in John Wiley & Sons, Inc. declined by 75.0% in September, with only 200 shares short sold as of September 30th.
• Gabelli Funds LLC recently bought 4,500 shares of John Wiley & Sons for approximately $201,000, while institutional investors own 0.49% of the stock.
• The company announced a quarterly dividend of $0.355 per share, yielding 3.8%, to be paid on October 23rd.

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 200 shares, a decline of 75.0% from the September 15th total of 800 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC bought a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "hold (c)" rating on shares of John Wiley & Sons in a research note on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold".

John Wiley & Sons Price Performance

NYSE:WLYB opened at $37.44 on Friday. The business's 50-day moving average price is $39.88 and its 200 day moving average price is $41.24. The firm has a market cap of $1.99 billion, a P/E ratio of 21.03 and a beta of 0.81. John Wiley & Sons has a 52-week low of $36.20 and a 52-week high of $52.90. The company has a quick ratio of 0.61, a current ratio of 0.65 and a debt-to-equity ratio of 1.12.

John Wiley & Sons (NYSE:WLYB - Get Free Report) last released its earnings results on Tuesday, February 28th. The company reported $1.29 earnings per share (EPS) for the quarter. The firm had revenue of $533.00 million for the quarter. John Wiley & Sons had a return on equity of 27.31% and a net margin of 5.82%.

John Wiley & Sons Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Tuesday, October 7th will be issued a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, October 7th. John Wiley & Sons's payout ratio is presently 79.78%.

John Wiley & Sons Company Profile

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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