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 growth in short interest in the month of July. As of July 31st, there was short interest totaling 5,500 shares, agrowthof96.4% from the July 15th total of 2,800 shares. Based on an average daily volume of 71,400 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are sold short. Approximately0.0% of the shares of the stock are sold short. Based on an average daily volume of 71,400 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Wolters Kluwer to a "hold" rating in a report on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy".

Wolters Kluwer Trading Down 3.2%

Shares of OTCMKTS WTKWY traded down $4.32 during midday trading on Thursday, reaching $132.54. 109,274 shares of the stock were exchanged, compared to its average volume of 96,823. Wolters Kluwer has a 52-week low of $128.73 and a 52-week high of $189.96. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.68 and a current ratio of 0.70. The stock has a 50 day moving average price of $155.61 and a 200-day moving average price of $165.20.

About Wolters Kluwer

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.