Value Line, Inc. (NASDAQ:VALU) Sees Significant Increase in Short Interest

Value Line, Inc. (NASDAQ:VALU - Get Free Report) was the recipient of a significant increase in short interest during 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. Currently, 1.3% of the company's shares are sold short. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 1.4 days.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Value Line from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

Value Line Stock Performance

NASDAQ VALU traded up $1.66 during mid-day trading on Friday, reaching $41.49. 9,164 shares of the stock were exchanged, compared to its average volume of 7,048. Value Line has a 1-year low of $32.94 and a 1-year high of $57.68. The business's fifty day simple moving average is $42.62 and its 200 day simple moving average is $46.48. The stock has a market capitalization of $390.75 million, a PE ratio of 17.66 and a beta of 0.74.

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

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Value Line Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were issued a $0.30 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.89%. Value Line's dividend payout ratio (DPR) is presently 51.06%.

Hedge Funds Weigh In On Value Line

A number of hedge funds have recently made changes to their positions in the stock. Auxier Asset Management acquired a new position in shares of Value Line in the 4th quarter valued at $224,000. Northern Trust Corp boosted its holdings in shares of Value Line by 19.5% in the 4th quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock valued at $561,000 after purchasing an additional 1,733 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Value Line in the 4th quarter valued at $311,000. JPMorgan Chase & Co. boosted its holdings in shares of Value Line by 180.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,382 shares of the financial services provider's stock valued at $231,000 after purchasing an additional 2,819 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Value Line by 340.6% in the 3rd 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 during the period. Institutional investors and hedge funds own 6.26% of the company's stock.

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.