John Wiley & Sons, Inc. (NYSE:WLYB) Short Interest Down 25.0% in May

John Wiley & Sons, Inc. (NYSE:WLYB) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 300 shares, a drop of 25.0% from the May 15th total of 400 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. PFG Investments LLC bought a new stake in John Wiley & Sons, Inc. (NYSE:WLYB) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 53,477 shares of the company’s stock, valued at approximately $2,033,000. PFG Investments LLC owned 0.10% of John Wiley & Sons as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.49% of the company’s stock.

John Wiley & Sons Price Performance

Shares of John Wiley & Sons stock traded down $1.43 during midday trading on Friday, hitting $39.71. 856 shares of the company were exchanged, compared to its average volume of 610. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.54 and a quick ratio of 0.50. The firm has a market cap of $2.17 billion, a P/E ratio of -10.91 and a beta of 0.71. John Wiley & Sons has a 52 week low of $28.35 and a 52 week high of $43.26. The firm has a 50 day simple moving average of $37.78 and a 200-day simple moving average of $35.19.

John Wiley & Sons Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th were paid a $0.35 dividend. The ex-dividend date was Monday, April 8th. This represents a $1.40 annualized dividend and a dividend yield of 3.53%. John Wiley & Sons’s dividend payout ratio (DPR) is currently -38.46%.

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.