Wolters Kluwer NV (OTCMKTS:WTKWY) Short Interest Update

Key Points

• Wolters Kluwer NV experienced a significant increase in short interest of 96.4% in July, rising from 2,800 shares to 5,500 shares.
• The current short-interest ratio for the company is 0.1 days, indicating low short selling relative to its trading volume.
• Analysts at Sanford C. Bernstein have upgraded the stock to a "hold" rating as of July 17th.

Wolters Kluwer NV (OTCMKTS:WTKWY - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,500 shares, anincreaseof96.4% from the July 15th total of 2,800 shares. Approximately0.0% of the company's shares are sold short. Based on an average trading volume of 71,400 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 71,400 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the company's shares are sold short.

Wolters Kluwer Stock Performance

WTKWY traded down $0.96 during midday trading on Tuesday, reaching $130.66. The company's stock had a trading volume of 46,404 shares, compared to its average volume of 42,657. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.70 and a quick ratio of 0.68. Wolters Kluwer has a 1 year low of $128.73 and a 1 year high of $189.96. The stock's 50-day moving average is $158.10 and its 200-day moving average is $165.99.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of Wolters Kluwer to a "hold" rating in a research note on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Wolters Kluwer has a consensus rating of "Buy".

Wolters Kluwer Company Profile

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.