John Wiley & Sons, Inc. (NYSE:WLYB) Shares Shorted: Short Interest Down 49.6% in September

by · The Markets Daily

John Wiley & Sons, Inc. (NYSE:WLYB – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 850 shares, a drop of 49.6% from the September 15th total of 1,688 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 7,610 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a report on Thursday. One analyst has rated the stock with a Hold rating. According to MarketBeat, the stock has a consensus rating of “Hold”.

Read Our Latest Research Report on WLYB

John Wiley & Sons Stock Up 1.8%

Shares of NYSE:WLYB traded up $0.94 during midday trading on Friday, reaching $52.53. The company had a trading volume of 152 shares, compared to its average volume of 2,299. The stock has a market capitalization of $2.66 billion, a P/E ratio of 13.90 and a beta of 0.54. The stock’s fifty day moving average price is $50.30 and its 200-day moving average price is $46.66. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.64 and a quick ratio of 0.61. John Wiley & Sons has a one year low of $29.16 and a one year high of $55.51.

John Wiley & Sons (NYSE:WLYB – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. The firm had revenue of $386.36 million for the quarter, compared to the consensus estimate of $380.20 million. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%.

John Wiley & Sons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Tuesday, October 6th will be issued a $0.3575 dividend. This represents a $1.43 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, October 6th. John Wiley & Sons’s payout ratio is currently 37.83%.

About John Wiley & Sons

(Get Free Report)

John Wiley & Sons, Inc is a global publishing and knowledge-services company serving researchers, educators, students, professionals and lifelong learners. Its principal activities include the development and distribution of scholarly, scientific, technical, medical and professional content through books, journals, digital platforms and other learning resources.

The company also provides online education, course materials, assessment tools and professional development solutions for higher education, corporations and other organizations.

Further Reading