Short Interest in Reed Elsevier plc Decreases By 65.3% (RUK)
Reed Elsevier plc (NYSE:RUK) was the target of a significant decrease in short interest in January. As of March 14th, there was short interest totalling 197,927 shares, a decrease of 65.3% from the February 28th total of 570,027 shares, AmericanBankingNews.com reports. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 31,328 shares, the days-to-cover ratio is currently 6.3 days.
Reed Elsevier plc (NYSE:RUK) opened at 60.17 on Thursday. Reed Elsevier plc has a 1-year low of $43.84 and a 1-year high of $62.66. The stock’s 50-day moving average is $61.23 and its 200-day moving average is $58.33. The company has a market cap of $17.410 billion and a price-to-earnings ratio of 19.33.
The company also recently announced a semiannual dividend, which is scheduled for Friday, May 30th. Investors of record on Friday, May 2nd will be paid a dividend of $1.2006 per share. This represents a dividend yield of 3.89%. The ex-dividend date is Wednesday, April 30th.
Reed Elsevier plc (NYSE:RUK) is a publisher and information provider.
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