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

Value Line, Inc. (NASDAQ:VALU) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 10,300 shares, a growth of 24.1% from the September 15th total of 8,300 shares. Based on an average daily trading volume, of 9,400 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.3% of the shares of the company are sold short.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Value Line

Several hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in Value Line in the 1st quarter valued at approximately $346,000. Auxier Asset Management acquired a new stake in Value Line during the fourth quarter worth $207,000. Finally, Capital Investment Counsel Inc increased its holdings in Value Line by 57.2% in the 2nd quarter. Capital Investment Counsel Inc now owns 11,274 shares of the financial services provider’s stock valued at $486,000 after buying an additional 4,100 shares during the period. Institutional investors own 6.26% of the company’s stock.

Value Line Trading Up 5.4 %

NASDAQ:VALU traded up $2.50 during mid-day trading on Friday, hitting $48.56. 14,596 shares of the company’s stock traded hands, compared to its average volume of 8,119. The firm has a 50 day moving average of $43.48 and a two-hundred day moving average of $41.76. The firm has a market capitalization of $457.44 million, a price-to-earnings ratio of 22.91 and a beta of 0.85. Value Line has a 12 month low of $32.07 and a 12 month high of $58.45.

Value Line (NASDAQ:VALU) last announced its earnings results on Friday, September 13th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $8.88 million for the quarter. Value Line had a net margin of 54.72% and a return on equity of 22.29%.

Value Line Announces Dividend

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

About Value Line

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.