Value Line, Inc. (NASDAQ:VALU) Sees Significant Decline in Short Interest

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Value Line, Inc. (NASDAQ:VALU) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 10,200 shares, a drop of 6.4% from the October 31st total of 10,900 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is currently 1.8 days. Currently, 1.0% of the company’s stock are sold short.

VALU opened at $27.41 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.24 and a quick ratio of 1.24. The company’s 50-day moving average is $25.08 and its 200 day moving average is $25.10. Value Line has a fifty-two week low of $17.12 and a fifty-two week high of $30.64. The firm has a market capitalization of $265.90 million, a P/E ratio of 22.75 and a beta of 0.29.

Value Line (NASDAQ:VALU) last released its quarterly earnings results on Friday, September 13th. The financial services provider reported $0.38 earnings per share for the quarter. Value Line had a net margin of 31.80% and a return on equity of 24.70%. The company had revenue of $9.62 million for the quarter.

The company also recently declared a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Monday, October 28th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend was Friday, October 25th.

Separately, BidaskClub raised shares of Value Line from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in VALU. Tower Research Capital LLC TRC lifted its position in shares of Value Line by 140.4% during the second quarter. Tower Research Capital LLC TRC now owns 1,709 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 998 shares in the last quarter. Auxier Asset Management bought a new position in shares of Value Line during the second quarter valued at about $213,000. North Star Investment Management Corp. lifted its position in shares of Value Line by 85.7% during the third quarter. North Star Investment Management Corp. now owns 15,225 shares of the financial services provider’s stock valued at $346,000 after purchasing an additional 7,025 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Value Line by 2.8% during the second quarter. Vanguard Group Inc. now owns 14,875 shares of the financial services provider’s stock valued at $409,000 after purchasing an additional 409 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Value Line by 2.5% during the second quarter. Renaissance Technologies LLC now owns 16,400 shares of the financial services provider’s stock valued at $451,000 after purchasing an additional 400 shares in the last quarter. 7.69% of the stock is currently owned by institutional investors.

Value Line Company Profile

Value Line, Inc, together with its subsidiaries, produces and sells investment periodicals and related publications primarily in the United States. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), options, and convertible securities.

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