John Wiley & Sons, Inc. (NYSE:WLYB) Short Interest Down 66.7% in August

Key Points

• Short interest in John Wiley & Sons, Inc. decreased by 66.7% in August, totaling just 100 shares as of August 31st.
• The company's stock price rose by 8.7%, trading at $42.85 and showing a market capitalization of $2.29 billion.
• In its last quarterly earnings report, John Wiley & Sons beat estimates with $0.49 earnings per share against a consensus of $0.32, and reported revenue of $396.80 million.

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 100 shares, a decrease of 66.7% from the August 15th total of 300 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 0.2 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 daily volume of 600 shares, the short-interest ratio is presently 0.2 days.

John Wiley & Sons Stock Up 0.5%

Shares of WLYB traded up $0.22 during midday trading on Wednesday, hitting $41.32. 9,998 shares of the company's stock traded hands, compared to its average volume of 238. John Wiley & Sons has a 1 year low of $37.27 and a 1 year high of $52.90. The firm's fifty day moving average is $40.38 and its 200-day moving average is $41.94. The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 1.12. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 23.21 and a beta of 0.81.

John Wiley & Sons (NYSE:WLYB - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.32 by $0.17. John Wiley & Sons had a return on equity of 27.31% and a net margin of 5.82%.The firm had revenue of $396.80 million during the quarter, compared to analyst estimates of $375.00 million.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Tuesday, July 8th were issued a dividend of $0.355 per share. The ex-dividend date was Tuesday, July 8th. This represents a $1.42 annualized dividend and a dividend yield of 3.4%. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. John Wiley & Sons's dividend payout ratio (DPR) is currently 79.78%.

Institutional Trading of 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 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,500 shares of the company's stock, valued at approximately $201,000. Institutional investors and hedge funds own 0.49% of the company's stock.

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.