Value Line, Inc. (NASDAQ:VALU) Short Interest Down 38.1% in December

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

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC increased its holdings in Value Line by 340.6% in the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock worth $53,000 after buying an additional 889 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake 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 valued at $286,000 after purchasing an additional 545 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in 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 during the last quarter. Hedge funds and other institutional investors own 6.26% of the company’s stock.

Value Line Price Performance

NASDAQ:VALU opened at $49.10 on Wednesday. The stock’s 50-day moving average is $52.16 and its two-hundred day moving average is $47.69. The stock has a market cap of $462.42 million, a PE ratio of 20.89 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 released its quarterly earnings data on Friday, December 13th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a net margin of 54.72% and a return on equity of 22.29%.

Value Line Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, October 28th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.20 dividend on an annualized basis and a yield of 2.44%. Value Line’s payout ratio is 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.