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

Value Line, Inc. (NASDAQ:VALU - Get Free Report) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 14,300 shares, an increase of 44.4% from the February 13th total of 9,900 shares. Approximately 1.8% of the company's shares are sold short. Based on an average daily volume of 7,400 shares, the short-interest ratio is presently 1.9 days.

Value Line Trading Up 1.0 %

Value Line stock traded up $0.37 during trading hours on Thursday, hitting $37.14. 3,149 shares of the stock traded hands, compared to its average volume of 7,252. The firm's 50-day moving average price is $40.75 and its two-hundred day moving average price is $46.36. The company has a market cap of $349.78 million, a PE ratio of 15.80 and a beta of 0.74. Value Line has a one year low of $32.94 and a one year high of $57.68.

Value Line (NASDAQ:VALU - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The financial services provider reported $0.55 earnings per share for the quarter. The business had revenue of $8.97 million for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. During the same period in the previous year, the firm posted $1.51 earnings per share.

Value Line Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.20 annualized dividend and a yield of 3.23%. Value Line's payout ratio is 52.63%.

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Analysts Set New Price Targets

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

Institutional Trading of Value Line

Hedge funds have recently made changes to their positions in the stock. Barclays PLC boosted its position 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 worth $53,000 after purchasing an additional 889 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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 worth $73,000 after purchasing an additional 923 shares in the last quarter. Auxier Asset Management bought a new stake in shares of Value Line in the 4th quarter worth approximately $224,000. Oppenheimer & Co. Inc. boosted its position in shares of Value Line by 9.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider's stock worth $286,000 after purchasing an additional 545 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Value Line in the 4th quarter worth approximately $311,000. 6.26% of the stock is owned by institutional investors.

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.