Wolters Kluwer NV (OTCMKTS:WTKWY) Short Interest Update

Key Points

• Wolters Kluwer NV saw its short interest rise by 28.6% in August, with total short shares increasing from 4,200 to 5,400.
• The company's stocks opened at $131.16 with a current ratio of 0.70 and a debt-to-equity ratio of 2.18.
• Wolters Kluwer announced a dividend of $0.9147 to be paid on September 25th, with an ex-dividend date of August 27th.

Wolters Kluwer NV (OTCMKTS:WTKWY - Get Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 5,400 shares, an increase of 28.6% from the August 15th total of 4,200 shares. Based on an average daily trading volume, of 100,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 100,500 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded Wolters Kluwer from a "hold" rating to an "outperform" rating in a report on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, Wolters Kluwer has a consensus rating of "Strong Buy".

Wolters Kluwer Stock Down 2.2%

Shares of OTCMKTS:WTKWY traded down $2.97 during midday trading on Friday, hitting $134.25. The company's stock had a trading volume of 52,257 shares, compared to its average volume of 50,273. The stock's 50 day simple moving average is $140.63 and its 200 day simple moving average is $158.11. Wolters Kluwer has a fifty-two week low of $120.59 and a fifty-two week high of $189.96. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 2.18.

Wolters Kluwer Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, August 28th will be given a dividend of $0.9147 per share. The ex-dividend date of this dividend is Wednesday, August 27th. This represents a yield of 179.0%.

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.