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

Value Line, Inc. (NASDAQ:VALU) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 7,700 shares, a drop of 22.2% from the May 15th total of 9,900 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 3.2 days.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Value Line in a report on Wednesday. They issued a “hold” rating for the company.

Value Line Trading Down 1.2 %

VALU stock opened at $40.37 on Friday. The stock has a market capitalization of $380.49 million, a P/E ratio of 20.81 and a beta of 0.85. Value Line has a 12 month low of $32.07 and a 12 month high of $62.09. The firm has a 50-day moving average price of $38.53 and a 200-day moving average price of $42.05.

Value Line (NASDAQ:VALU) last posted its earnings results on Friday, March 15th. The financial services provider reported $0.62 EPS for the quarter. The firm had revenue of $9.13 million during the quarter. Value Line had a net margin of 47.81% and a return on equity of 21.23%.

Value Line Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Monday, April 29th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.97%. This is a boost from Value Line’s previous quarterly dividend of $0.28. Value Line’s dividend payout ratio is 61.86%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in shares of Value Line in the first quarter valued at approximately $346,000. Capital Investment Counsel Inc acquired a new position in shares of Value Line in the fourth quarter valued at approximately $350,000. Valmark Advisers Inc. acquired a new position in shares of Value Line in the fourth quarter valued at approximately $268,000. Stratos Wealth Partners LTD. acquired a new position in shares of Value Line in the fourth quarter valued at approximately $215,000. Finally, Auxier Asset Management acquired a new position in shares of Value Line in the fourth quarter valued at approximately $207,000. Institutional investors own 6.26% of the company’s stock.

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.