Value Line, Inc. (NASDAQ:VALU) Short Interest Update

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

Hedge Funds Weigh In On Value Line

Large investors have recently modified their holdings of the stock. Barclays PLC increased its position in Value Line by 340.6% during the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 889 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Value Line by 9.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider’s stock worth $286,000 after acquiring an additional 545 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Value Line by 144.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 923 shares during the period. Institutional investors own 6.26% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Value Line Price Performance

NASDAQ:VALU opened at $41.23 on Friday. The company has a market cap of $388.38 million, a price-to-earnings ratio of 17.54 and a beta of 0.80. Value Line has a 1 year low of $36.00 and a 1 year high of $57.68. The stock’s 50 day simple moving average is $50.17 and its two-hundred day simple moving average is $47.58.

Value Line (NASDAQ:VALU) last announced its quarterly 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Shareholders 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 dividend on an annualized basis and a yield of 2.91%. Value Line’s dividend payout ratio (DPR) is presently 51.06%.

About Value Line

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.