John Wiley & Sons, Inc. (NYSE:WLYB) Short Interest Up 330.1% in December

John Wiley & Sons, Inc. (NYSE:WLYB) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,628 shares, an increase of 330.1% from the November 30th total of 611 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,359 shares, the short-interest ratio is currently 1.9 days. Based on an average daily trading volume, of 1,359 shares, the short-interest ratio is currently 1.9 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC bought a new position in John Wiley & Sons, Inc. (NYSE:WLYB) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 4,500 shares of the company’s stock, valued at approximately $201,000. 0.49% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Performance

John Wiley & Sons stock opened at $32.16 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 1.16. The firm has a market cap of $1.69 billion, a P/E ratio of 17.11 and a beta of 0.79. John Wiley & Sons has a 1-year low of $30.10 and a 1-year high of $46.81. The firm has a 50-day moving average of $34.93 and a 200-day moving average of $38.59.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings results on Thursday, December 4th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.32. John Wiley & Sons had a return on equity of 28.23% and a net margin of 6.11%.The company had revenue of $421.75 million for the quarter, compared to the consensus estimate of $416.40 million.

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Tuesday, December 30th will be paid a $0.355 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a yield of 4.4%. John Wiley & Sons’s dividend payout ratio (DPR) is presently 75.53%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.