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

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 target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 100 shares, a decline of 66.7% from the August 15th total of 300 shares. Based on an average trading volume of 600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company's stock are short sold. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 600 shares, the short-interest ratio is currently 0.2 days.

John Wiley & Sons Stock Up 8.7%

Shares of John Wiley & Sons stock opened at $42.85 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.61 and a current ratio of 0.65. The stock has a market capitalization of $2.29 billion, a PE ratio of 24.07 and a beta of 0.81. John Wiley & Sons has a 52-week low of $37.27 and a 52-week high of $52.90. The company has a 50-day simple moving average of $40.53 and a two-hundred day simple moving average of $41.88.

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

John Wiley & Sons Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th were given a $0.355 dividend. The ex-dividend date was Tuesday, July 8th. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.3%. John Wiley & Sons's dividend payout ratio (DPR) is currently 79.78%.

Hedge Funds Weigh In On John Wiley & Sons

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

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