Value Line, Inc. (NASDAQ:VALU) Short Interest Update

Value Line, Inc. (NASDAQ:VALU - Get Free Report) experienced a notable rise in short interest during the month of October. As of October 15th, short interest reached 13,400 shares, reflecting a 30.1% increase from the 10,300 shares reported on September 30th. About 1.7% of the company's total stock is currently short sold. Given an average trading volume of 9,100 shares, the current days-to-cover ratio stands at 1.5 days.

Wall Street Analysts Forecast Growth

In a separate development, StockNews.com upgraded Value Line's rating from "hold" to "buy" in a research note dated September 11th.

View Our Latest Report on VALU

Value Line Stock Performance

On Monday, shares of VALU rose by $0.89 to reach $49.22. The trading volume for the day was 2,737 shares, which is below its average volume of 5,563 shares. The company boasts a market capitalization of $463.90 million, a PE ratio of 24.91, and a beta of 0.85. Over the past year, Value Line's stock has seen a low of $36.00 and a high of $58.45. Additionally, the company has a 50-day simple moving average of $45.02 and a 200-day simple moving average of $42.52.

Value Line (NASDAQ:VALU - Get Free Report) recently announced its quarterly earnings results on September 13th. The financial services provider reported earnings per share (EPS) of $0.62 for the quarter, achieving a return on equity of 22.29% and a net margin of 54.72%. The company's revenue for the quarter was $8.88 million.

Value Line Dividend Announcement

The company has also declared a quarterly dividend to be distributed on Tuesday, November 12th. Shareholders on record as of Monday, October 28th will receive a dividend of $0.30 per share. This equates to an annualized dividend of $1.20 and a yield of 2.44%. The ex-dividend date is set for Monday, October 28th, and the company's current payout ratio is 61.86%.

Institutional Inflows and Outflows

An institutional investor, SG Americas Securities LLC, recently initiated a new position in Value Line stock during the first quarter, according to its latest Form 13F filing with the SEC. The firm purchased 8,548 shares of the financial services provider, valued at approximately $346,000. As of the latest SEC filing, SG Americas Securities LLC holds about 0.09% of Value Line. Currently, institutional investors and hedge funds possess approximately 6.26% of the stock.

About Value Line

(Get Free Report)

Value Line, Inc. publishes investment periodicals and related publications covering various investment types, including stocks, mutual funds, exchange-traded funds (ETFs), and options. Its research services feature 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, all offering statistical and text coverage of investment securities with a focus on proprietary research and analysis.

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