Short Interest in Value Line, Inc. (NASDAQ:VALU) Declines By 38.1%

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

Value Line Stock Up 0.3 %

Shares of NASDAQ:VALU traded up $0.12 during trading on Friday, reaching $40.02. The stock had a trading volume of 2,733 shares, compared to its average volume of 5,936. Value Line has a fifty-two week low of $36.00 and a fifty-two week high of $57.68. The business has a fifty day moving average price of $50.17 and a 200-day moving average price of $47.58. The stock has a market cap of $376.94 million, a P/E ratio of 17.03 and a beta of 0.80.

Value Line (NASDAQ:VALU) last issued 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 return on equity of 24.00% and a net margin of 62.02%.

Value Line Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, January 27th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.00%. Value Line’s dividend payout ratio (DPR) is presently 51.06%.

Institutional Investors Weigh In On Value Line

Hedge funds have recently made changes to their positions in the business. Barclays PLC grew its position 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. boosted its stake in shares of Value Line by 9.7% during 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 in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Value Line by 144.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock worth $73,000 after acquiring an additional 923 shares during the last quarter. Institutional investors own 6.26% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.