Short Interest in Wolters Kluwer (OTCMKTS:WTKWY) Grows By 285.2%

Wolters Kluwer (OTCMKTS:WTKWY - Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 20,800 shares, a growth of 285.2% from the April 30th total of 5,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 40,300 shares, the days-to-cover ratio is presently 0.5 days.

Wolters Kluwer Stock Up 1.0%

Shares of OTCMKTS:WTKWY traded up $1.77 during midday trading on Monday, reaching $179.45. 13,914 shares of the company were exchanged, compared to its average volume of 31,053. Wolters Kluwer has a fifty-two week low of $147.48 and a fifty-two week high of $189.96. The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 2.26. The stock has a fifty day simple moving average of $171.21 and a two-hundred day simple moving average of $169.83.

Wolters Kluwer Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 21st will be given a $1.3372 dividend. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, May 20th. This is an increase from Wolters Kluwer's previous dividend of $0.77.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of Wolters Kluwer to a "strong-buy" rating in a research note on Tuesday, March 25th.

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.