Wolters Kluwer NV (OTCMKTS:WTKWY) Sees Significant Decrease in Short Interest

Wolters Kluwer NV (OTCMKTS:WTKWYGet Free Report) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 12,616 shares, a decrease of 66.2% from the July 30th total of 37,369 shares. Based on an average daily volume of 85,893 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

WTKWY has been the subject of a number of recent research reports. The Goldman Sachs Group assumed coverage on shares of Wolters Kluwer in a report on Wednesday, June 3rd. They issued a “neutral” rating for the company. Zacks Research upgraded Wolters Kluwer from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Wolters Kluwer has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on Wolters Kluwer

Wolters Kluwer Stock Performance

Shares of Wolters Kluwer stock opened at $81.70 on Friday. Wolters Kluwer has a 12-month low of $63.22 and a 12-month high of $138.76. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 4.92. The stock has a 50 day moving average price of $74.37 and a two-hundred day moving average price of $74.61.

Wolters Kluwer Company Profile

(Get Free Report)

Wolters Kluwer is a global information services and software company that provides professional information, software solutions and related services to customers in the health, tax & accounting, governance, risk & compliance, and legal sectors. Headquartered in the Netherlands, the company operates internationally and its shares are listed on Euronext Amsterdam; its American Depositary Receipts trade on the OTC market under the symbol WTKWY.

The company’s offerings center on subscription-based digital products and workflow tools designed to help professionals make decisions, meet regulatory requirements and improve operational efficiency.

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