Short Interest in Value Line, Inc. (NASDAQ:VALU) Increases By 24.1%

by · The Cerbat Gem

Value Line, Inc. (NASDAQ:VALU – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 10,300 shares, an increase of 24.1% from the September 15th total of 8,300 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is presently 1.1 days.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Value Line from a “hold” rating to a “buy” rating in a research note on Wednesday, September 11th.

Read Our Latest Analysis on VALU

Institutional Investors Weigh In On Value Line

Institutional investors and hedge funds have recently made changes to their positions in the company. Auxier Asset Management bought a new stake in Value Line during the 4th quarter worth about $207,000. SG Americas Securities LLC acquired a new stake in shares of Value Line during the 1st quarter worth approximately $346,000. Finally, Capital Investment Counsel Inc raised its stake in shares of Value Line by 57.2% during the second quarter. Capital Investment Counsel Inc now owns 11,274 shares of the financial services provider’s stock worth $486,000 after buying an additional 4,100 shares during the last quarter. Institutional investors own 6.26% of the company’s stock.

Value Line Price Performance

Shares of VALU stock traded up $2.50 during trading hours on Friday, hitting $48.56. 14,596 shares of the company’s stock were exchanged, compared to its average volume of 8,119. The stock’s 50-day moving average is $43.48 and its 200-day moving average is $41.76. Value Line has a 52 week low of $32.07 and a 52 week high of $58.45. The stock has a market cap of $457.44 million, a price-to-earnings ratio of 22.91 and a beta of 0.85.

Value Line (NASDAQ:VALU – Get Free Report) last posted its quarterly earnings data on Friday, September 13th. The financial services provider reported $0.62 earnings per share for the quarter. Value Line had a net margin of 54.72% and a return on equity of 22.29%. The firm had revenue of $8.88 million during the quarter.

Value Line Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Shareholders of record on Monday, July 29th were given a $0.30 dividend. The ex-dividend date was Monday, July 29th. This represents a $1.20 dividend on an annualized basis and a yield of 2.47%. Value Line’s payout ratio is 56.60%.

Value Line Company Profile

(Get Free Report)

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include 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 that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.

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