John Wiley & Sons, Inc. (NYSE:WLYB) Sees Large Increase in Short Interest

John Wiley & Sons, Inc. (NYSE:WLYB) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 500 shares, a growth of 25.0% from the August 15th total of 400 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 1.7 days.

John Wiley & Sons Stock Up 1.0 %

WLYB traded up $0.45 during trading on Tuesday, reaching $46.85. The company had a trading volume of 252 shares, compared to its average volume of 560. The company has a market cap of $2.55 billion, a P/E ratio of -12.75 and a beta of 0.68. John Wiley & Sons has a 12 month low of $28.35 and a 12 month high of $48.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.57 and a quick ratio of 0.53. The business’s fifty day moving average price is $45.96 and its 200 day moving average price is $40.82.

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 25th. Investors of record on Tuesday, July 9th were paid a $0.352 dividend. The ex-dividend date of this dividend was Tuesday, July 9th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a yield of 3.01%. John Wiley & Sons’s dividend payout ratio is presently -38.74%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.