Wolters Kluwer (OTCMKTS:WTKWY) Sees Large Drop in Short Interest

Wolters Kluwer (OTCMKTS:WTKWY) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totalling 700 shares, a drop of 94.6% from the August 15th total of 12,900 shares. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is currently 0.0 days.

Wolters Kluwer Stock Performance

OTCMKTS:WTKWY opened at $172.43 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.70 and a debt-to-equity ratio of 1.57. Wolters Kluwer has a 12-month low of $118.19 and a 12-month high of $173.62. The stock has a 50-day moving average price of $167.06 and a 200 day moving average price of $161.22.

Wolters Kluwer Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, September 26th. Investors of record on Wednesday, August 28th will be given a dividend of $0.7712 per share. The ex-dividend date of this dividend is Wednesday, August 28th.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.