Wolters Kluwer (OTCMKTS:WTKWY) Short Interest Update

Wolters Kluwer (OTCMKTS:WTKWY) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 20,800 shares, a growth of 285.2% from the April 30th total of 5,400 shares. Based on an average daily volume of 40,300 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Wolters Kluwer to a “strong-buy” rating in a research note on Tuesday, March 25th.

Wolters Kluwer Trading Down 0.4%

WTKWY opened at $177.99 on Friday. The company’s 50 day moving average is $170.30 and its 200 day moving average is $169.61. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.78 and a quick ratio of 0.76. Wolters Kluwer has a 12-month low of $147.48 and a 12-month high of $189.96.

Wolters Kluwer Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 21st will be given a $1.3372 dividend. The ex-dividend date is Tuesday, May 20th. This is an increase from Wolters Kluwer’s previous dividend of $0.77. This represents a yield of 1.18%.

About Wolters Kluwer

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.