Wolters Kluwer (OTCMKTS:WTKWY) Sees Large Increase in Short Interest

Wolters Kluwer (OTCMKTS:WTKWY - Get Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 51,000 shares, a growth of 145.2% from the May 15th total of 20,800 shares. Based on an average daily volume of 85,700 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company's stock are short sold.

Wolters Kluwer Price Performance

WTKWY stock traded down $0.16 during midday trading on Monday, reaching $167.81. 22,531 shares of the company's stock traded hands, compared to its average volume of 30,781. The firm's fifty day moving average price is $175.26 and its 200-day moving average price is $170.60. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.76 and a current ratio of 0.78. Wolters Kluwer has a 52 week low of $147.48 and a 52 week high of $189.96.

Wolters Kluwer Increases Dividend

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

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded 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.