Value Line, Inc. (NASDAQ:VALU) Sees Significant Decrease in Short Interest

Value Line, Inc. (NASDAQ:VALU - Get Free Report) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 12,700 shares, a decrease of 15.9% from the March 31st total of 15,100 shares. Based on an average daily volume of 8,200 shares, the short-interest ratio is currently 1.5 days. Approximately 1.6% of the company's stock are short sold.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Value Line from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

Institutional Trading of Value Line

Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC increased its stake in shares of Value Line by 340.6% during the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider's stock worth $53,000 after purchasing an additional 889 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Value Line by 144.2% in the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider's stock worth $73,000 after purchasing an additional 923 shares in the last quarter. Northern Trust Corp increased its position in Value Line by 19.5% during the fourth quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock worth $561,000 after buying an additional 1,733 shares during the last quarter. Cloud Capital Management LLC acquired a new position in Value Line during the first quarter worth $127,000. Finally, Auxier Asset Management bought a new position in Value Line during the fourth quarter valued at about $224,000. 6.26% of the stock is currently owned by institutional investors and hedge funds.

Value Line Stock Down 2.2 %

Shares of Value Line stock traded down $0.88 on Monday, hitting $39.92. 2,353 shares of the company traded hands, compared to its average volume of 8,191. Value Line has a 12-month low of $32.94 and a 12-month high of $57.68. The company has a 50-day moving average price of $39.56 and a 200 day moving average price of $44.92. The company has a market cap of $375.81 million, a PE ratio of 16.99 and a beta of 1.08.

Value Line (NASDAQ:VALU - Get Free Report) last issued its earnings results on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. The firm had revenue of $8.97 million for the quarter. During the same quarter last year, the firm earned $1.51 EPS.

Value Line Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, April 28th will be issued a $0.325 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a $1.30 dividend on an annualized basis and a yield of 3.26%. This is an increase from Value Line's previous quarterly dividend of $0.30. Value Line's dividend payout ratio is currently 57.02%.

Value Line Company Profile

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey - Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.