Short Interest in Value Line, Inc. (NASDAQ:VALU) Grows By 30.1%

Value Line, Inc. (NASDAQ:VALU - Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 13,400 shares, an increase of 30.1% from the September 30th total of 10,300 shares. Currently, 1.7% of the company's stock are sold short. Based on an average daily trading volume, of 9,100 shares, the days-to-cover ratio is currently 1.5 days.

Value Line Stock Up 5.2 %

Shares of VALU stock traded up $2.52 on Monday, hitting $50.56. The company had a trading volume of 7,914 shares, compared to its average volume of 5,588. The firm has a market cap of $476.53 million, a P/E ratio of 26.06 and a beta of 0.85. The company has a 50-day moving average price of $45.18 and a 200-day moving average price of $42.60. Value Line has a twelve month low of $36.00 and a twelve month high of $58.45.

Value Line (NASDAQ:VALU - Get Free Report) last issued its quarterly earnings data 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 during the quarter. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Value Line Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Monday, October 28th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, October 28th. This represents a $1.20 annualized dividend and a yield of 2.37%. Value Line's dividend payout ratio (DPR) is currently 61.86%.

Institutional Investors Weigh In On Value Line

An institutional investor recently bought a new position in Value Line stock. SG Americas Securities LLC purchased a new stake in Value Line, Inc. (NASDAQ:VALU - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,548 shares of the financial services provider's stock, valued at approximately $346,000. SG Americas Securities LLC owned approximately 0.09% of Value Line at the end of the most recent reporting period. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Value Line from a "hold" rating to a "buy" rating in a research report on Wednesday, September 11th.

Value Line Company Profile

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.