Short Interest in John Wiley & Sons, Inc. (NYSE:WLYB) Expands By 300.0%

John Wiley & Sons, Inc. (NYSE:WLYB) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, an increase of 300.0% from the March 15th total of 200 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 2.0 days.

John Wiley & Sons Stock Up 1.3 %

Shares of NYSE WLYB opened at $39.08 on Thursday. The company has a 50 day simple moving average of $35.57 and a 200 day simple moving average of $33.34. The firm has a market cap of $2.14 billion, a PE ratio of -13.57 and a beta of 0.77. John Wiley & Sons has a 1 year low of $28.35 and a 1 year high of $40.40. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.54 and a quick ratio of 0.50.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $460.71 million during the quarter. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be issued a dividend of $0.35 per share. The ex-dividend date is Monday, April 8th. This represents a $1.40 annualized dividend and a yield of 3.58%. John Wiley & Sons’s payout ratio is -48.61%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley raised its holdings in John Wiley & Sons by 14,570,300.0% during the 4th quarter. Morgan Stanley now owns 145,704 shares of the company’s stock worth $5,755,000 after purchasing an additional 145,703 shares during the last quarter. Royal Bank of Canada bought a new position in John Wiley & Sons during the 3rd quarter worth approximately $1,679,000. Dimensional Fund Advisors LP bought a new position in John Wiley & Sons during the 3rd quarter worth approximately $856,000. Neuberger Berman Group LLC bought a new position in John Wiley & Sons during the 3rd quarter worth approximately $384,000. Finally, UBS Group AG bought a new position in John Wiley & Sons during the 3rd quarter worth approximately $355,000. Institutional investors own 0.49% of the company’s stock.

About John Wiley & Sons

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.