Short Interest in Value Line, Inc. (NASDAQ:VALU) Increases By 47.9%

Value Line, Inc. (NASDAQ:VALU) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 13,900 shares, an increase of 47.9% from the July 15th total of 9,400 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 2.1 days.

Value Line Stock Performance

Shares of Value Line stock traded down $0.50 during trading on Wednesday, reaching $42.00. 9,224 shares of the company’s stock were exchanged, compared to its average volume of 4,377. Value Line has a 1-year low of $32.07 and a 1-year high of $58.45. The company has a market cap of $395.64 million, a P/E ratio of 21.85 and a beta of 0.84. The firm’s 50-day moving average price is $43.25 and its 200 day moving average price is $41.30.

Value Line (NASDAQ:VALU) last announced its quarterly earnings data on Friday, July 26th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. Value Line had a return on equity of 21.65% and a net margin of 50.73%. The company had revenue of $9.00 million for the quarter.

Value Line Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Monday, July 29th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, July 29th. This represents a $1.20 dividend on an annualized basis and a yield of 2.86%. Value Line’s dividend payout ratio (DPR) is presently 61.86%.

Institutional Investors Weigh In On Value Line

Several hedge funds and other institutional investors have recently modified their holdings of VALU. Capital Investment Counsel Inc lifted its position in Value Line by 57.2% during the second quarter. Capital Investment Counsel Inc now owns 11,274 shares of the financial services provider’s stock valued at $486,000 after purchasing an additional 4,100 shares during the last quarter. Auxier Asset Management purchased a new stake in shares of Value Line in the 4th quarter worth about $207,000. Stratos Wealth Partners LTD. purchased a new position in shares of Value Line during the fourth quarter valued at about $215,000. Valmark Advisers Inc. bought a new stake in Value Line during the 4th quarter valued at approximately $268,000. Finally, SG Americas Securities LLC bought a new stake in shares of Value Line during the first quarter valued at approximately $346,000. 6.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Value Line from a “buy” rating to a “hold” rating in a research note on Tuesday.

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.