Kelly Services, Inc. (NASDAQ:KELYB) Short Interest Update

Kelly Services, Inc. (NASDAQ:KELYB) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 501 shares, a decrease of 81.1% from the April 15th total of 2,656 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,918 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Kelly Services in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Kelly Services presently has a consensus rating of “Sell”.

Kelly Services Price Performance

NASDAQ KELYB traded down $0.30 during mid-day trading on Tuesday, hitting $15.50. The stock had a trading volume of 2,113 shares, compared to its average volume of 6,524. The firm’s 50 day moving average is $14.92 and its 200 day moving average is $12.75. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.59 and a quick ratio of 1.59. The stock has a market capitalization of $530.15 million, a price-to-earnings ratio of -2.04 and a beta of 0.71. Kelly Services has a twelve month low of $8.38 and a twelve month high of $125.00.

Kelly Services (NASDAQ:KELYB) last released its earnings results on Thursday, May 7th. The business services provider reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03). The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Kelly Services had a positive return on equity of 3.07% and a negative net margin of 6.44%.

Kelly Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th will be issued a $0.075 dividend. The ex-dividend date is Monday, May 18th. This represents a $0.30 dividend on an annualized basis and a yield of 1.9%. Kelly Services’s dividend payout ratio is presently -3.95%.

Kelly Services Company Profile

Kelly Services, Inc engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil.