Value Line, Inc. (NASDAQ:VALU) Sees Large Drop in Short Interest

Value Line, Inc. (NASDAQ:VALU) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 7,300 shares, a decrease of 38.1% from the December 31st total of 11,800 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 9,600 shares, the short-interest ratio is currently 0.8 days.

Value Line Trading Down 4.6 %

NASDAQ VALU traded down $1.92 on Wednesday, reaching $39.90. 15,891 shares of the company were exchanged, compared to its average volume of 6,467. The business’s fifty day moving average price is $50.61 and its 200 day moving average price is $47.69. The stock has a market capitalization of $375.78 million, a P/E ratio of 16.98 and a beta of 0.80. Value Line has a fifty-two week low of $36.00 and a fifty-two week high of $57.68.

Value Line (NASDAQ:VALU) last posted its earnings results on Friday, December 13th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%.

Value Line Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, January 27th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.01%. Value Line’s dividend payout ratio is currently 51.06%.

Institutional Investors Weigh In On Value Line

A number of institutional investors have recently modified their holdings of VALU. JPMorgan Chase & Co. grew its position in shares of Value Line by 144.2% during the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock worth $73,000 after buying an additional 923 shares in the last quarter. Barclays PLC raised its holdings in shares of Value Line by 340.6% in the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 889 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in shares of Value Line by 9.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider’s stock worth $286,000 after purchasing an additional 545 shares during the last quarter. 6.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Value Line from a “hold” rating to a “buy” rating in a report on Monday, December 16th.

Value Line Company Profile

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.