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

Value Line, Inc. (NASDAQ:VALU) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 9,900 shares, an increase of 25.3% from the January 31st total of 7,900 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is currently 1.4 days. Currently, 1.3% of the company’s shares are short sold.

Hedge Funds Weigh In On Value Line

Institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC raised its holdings in Value Line by 340.6% in the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 889 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Value Line by 144.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 923 shares in the last quarter. Auxier Asset Management acquired a new position in shares of Value Line during the fourth quarter worth $224,000. Arrowstreet Capital Limited Partnership purchased a new position in Value Line in the fourth quarter valued at $311,000. Finally, Oppenheimer & Co. Inc. raised its stake in Value Line by 9.7% in the third quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider’s stock valued at $286,000 after buying an additional 545 shares in the last quarter. 6.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com cut Value Line from a “buy” rating to a “hold” rating in a report on Thursday, February 27th.

Value Line Stock Performance

Shares of VALU stock opened at $40.60 on Thursday. Value Line has a fifty-two week low of $32.94 and a fifty-two week high of $57.68. The company has a 50 day moving average price of $43.39 and a 200 day moving average price of $46.52. The stock has a market capitalization of $382.37 million, a P/E ratio of 17.28 and a beta of 0.79.

Value Line (NASDAQ:VALU) last posted its quarterly earnings data on Friday, December 13th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%.

Value Line Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date of this dividend was Monday, January 27th. Value Line’s dividend payout ratio is currently 51.06%.

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.