Wolters Kluwer NV (OTCMKTS:WTKWY) Short Interest Update

Key Points

• Wolters Kluwer NV experienced a significant **94.9% increase** in short interest, rising from 19,800 shares to **38,600 shares** as of September 30th.
• Analysts have upgraded the company's rating, with one analyst assigning a **"Strong Buy"** rating and another a **"Buy"** rating, resulting in an average rating of **"Strong Buy."**
• The company declared a dividend of **$0.9147**, representing an exceptional **dividend yield of 179.0%.**

Wolters Kluwer NV (OTCMKTS:WTKWY - Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 38,600 shares, a growth of 94.9% from the September 15th total of 19,800 shares. Based on an average daily volume of 224,900 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 224,900 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded Wolters Kluwer from a "hold" rating to an "outperform" rating in a research report on Monday, September 8th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Strong Buy".

Wolters Kluwer Stock Up 0.5%

Shares of OTCMKTS:WTKWY opened at $128.18 on Tuesday. The business's 50 day moving average price is $130.32 and its 200-day moving average price is $154.62. Wolters Kluwer has a 1 year low of $120.59 and a 1 year high of $189.96.

Wolters Kluwer Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were paid a $0.9147 dividend. The ex-dividend date of this dividend was Wednesday, August 27th. This represents a dividend yield of 179.0%.

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.

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