John Wiley & Sons, Inc. (NYSE:WLYB) Sees Significant Growth in Short Interest

John Wiley & Sons, Inc. (NYSE:WLYB) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 500 shares, an increase of 25.0% from the August 15th total of 400 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1.7 days.

John Wiley & Sons Price Performance

Shares of NYSE WLYB opened at $46.40 on Tuesday. The firm has a market cap of $2.53 billion, a P/E ratio of -12.75 and a beta of 0.68. The business’s 50 day moving average is $45.96 and its 200-day moving average is $40.82. The company has a current ratio of 0.57, a quick ratio of 0.53 and a debt-to-equity ratio of 1.27. John Wiley & Sons has a 1-year low of $28.35 and a 1-year high of $48.58.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 25th. Shareholders of record on Tuesday, July 9th were given a dividend of $0.352 per share. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, July 9th. This represents a $1.41 annualized dividend and a yield of 3.03%. John Wiley & Sons’s dividend payout ratio (DPR) is presently -38.74%.

About John Wiley & Sons

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.