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

Value Line, Inc. (NASDAQ:VALU) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 14,300 shares, a growth of 44.4% from the February 13th total of 9,900 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is currently 1.9 days.

Value Line Trading Down 1.4 %

Shares of VALU stock opened at $39.60 on Monday. Value Line has a 12 month low of $32.94 and a 12 month high of $57.68. The stock has a market cap of $372.95 million, a PE ratio of 16.85 and a beta of 0.74. The company’s fifty day moving average price is $41.48 and its 200-day moving average price is $46.46.

Value Line (NASDAQ:VALU) last announced its earnings results on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%. The firm had revenue of $8.97 million for the quarter. During the same quarter last year, the firm posted $1.51 EPS.

Value Line Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date was Monday, January 27th. Value Line’s payout ratio is 51.06%.

Hedge Funds Weigh In On Value Line

A number of hedge funds have recently bought and sold shares of the company. Barclays PLC lifted its stake in Value Line by 340.6% during the 3rd 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 period. JPMorgan Chase & Co. lifted its stake in Value Line by 144.2% during the 3rd 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 during the period. Auxier Asset Management bought a new position in Value Line during the 4th quarter valued at about $224,000. Oppenheimer & Co. Inc. lifted its stake in Value Line by 9.7% during the 3rd 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 during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in Value Line during the 4th quarter valued at about $311,000. Institutional investors own 6.26% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Value Line from a “buy” rating to a “hold” rating in a report on Thursday, February 27th.

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.