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

Value Line, Inc. (NASDAQ:VALU) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 7,300 shares, a decline of 38.1% from the December 31st total of 11,800 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 9,600 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VALU. JPMorgan Chase & Co. lifted its holdings in Value Line by 144.2% during the third 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. Barclays PLC lifted its stake in shares of Value Line by 340.6% during the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after buying an additional 889 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of Value Line by 9.7% during the 3rd 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 currently owned by institutional investors.

Value Line Price Performance

Shares of VALU opened at $41.23 on Friday. Value Line has a one year low of $36.00 and a one year high of $57.68. The business has a fifty day moving average of $50.17 and a 200 day moving average of $47.58. The firm has a market capitalization of $388.38 million, a P/E ratio of 17.54 and a beta of 0.80.

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

Value Line Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, January 27th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.91%. The ex-dividend date is Monday, January 27th. Value Line’s dividend payout ratio is presently 51.06%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Value Line from a “hold” rating to a “buy” rating in a report on Monday, December 16th.

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.