Short Interest in John Wiley & Sons, Inc. (NYSE:WLYB) Expands By 700.0%

Key Points

• Short interest in John Wiley & Sons, Inc. increased by 700% in September, reaching a total of 800 shares shorted.
• The company reported an EPS of $0.49 for the quarter, exceeding analysts' expectations of $0.32 and generating $396.80 million in revenue.
• John Wiley & Sons declared a quarterly dividend of $0.355 per share, with an upcoming payment date of October 23rd.

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 800 shares, an increase of 700.0% from the August 31st total of 100 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.1% of the company's stock are short sold.

John Wiley & Sons Stock Performance

WLYB stock opened at $40.39 on Wednesday. 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 cap of $2.15 billion, a P/E ratio of 22.69 and a beta of 0.81. The firm has a 50 day simple moving average of $40.15 and a 200 day simple moving average of $41.76. John Wiley & Sons has a 52 week low of $37.27 and a 52 week high of $52.90.

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

John Wiley & Sons Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, October 7th. 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 bought a new stake in John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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.

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