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

Value Line, Inc. (NASDAQ:VALU) saw a significant 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. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.9% of the company’s shares are sold short.

Value Line Trading Down 1.0 %

Value Line stock opened at $48.00 on Tuesday. Value Line has a twelve month low of $36.00 and a twelve month high of $57.68. The stock’s fifty day simple moving average is $52.24 and its 200-day simple moving average is $47.62. The firm has a market capitalization of $452.06 million, a P/E ratio of 20.43 and a beta of 0.80.

Value Line (NASDAQ:VALU) last posted 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 return on equity of 22.29% and a net margin of 54.72%.

Value Line Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, October 28th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend was Monday, October 28th. Value Line’s dividend payout ratio is currently 51.06%.

Wall Street Analyst Weigh In

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

Institutional Trading of Value Line

A number of large investors have recently modified their holdings of VALU. Barclays PLC grew its stake in shares of Value Line by 340.6% during the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 889 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Value Line by 144.2% in the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock valued at $73,000 after acquiring an additional 923 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in Value Line by 9.7% in the third quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider’s stock valued at $286,000 after acquiring an additional 545 shares in the last quarter. Hedge funds and other 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.