Wolters Kluwer NV (OTCMKTS:WTKWY) Short Interest Down 60.6% in May

Wolters Kluwer NV (OTCMKTS:WTKWY) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 5,402 shares, a decrease of 60.6% from the April 30th total of 13,717 shares. Based on an average daily volume of 154,449 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wolters Kluwer Price Performance

OTCMKTS:WTKWY opened at $71.12 on Friday. The firm’s 50-day moving average price is $74.87 and its 200-day moving average price is $87.78. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 4.92. Wolters Kluwer has a 1-year low of $65.49 and a 1-year high of $179.63.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WTKWY. Zacks Research raised shares of Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Citigroup reaffirmed a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Wolters Kluwer Company Profile

Wolters Kluwer is a global information services and software company that provides professional information, software solutions and related services to customers in the health, tax & accounting, governance, risk & compliance, and legal sectors. Headquartered in the Netherlands, the company operates internationally and its shares are listed on Euronext Amsterdam; its American Depositary Receipts trade on the OTC market under the symbol WTKWY.

The company’s offerings center on subscription-based digital products and workflow tools designed to help professionals make decisions, meet regulatory requirements and improve operational efficiency.