Short Interest in John Wiley & Sons, Inc. (NYSE:WLYB) Declines By 60.0%

John Wiley & Sons, Inc. (NYSE:WLYB) saw a large decrease in short interest in October. As of October 15th, there was short interest totalling 400 shares, a decrease of 60.0% from the September 30th total of 1,000 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 1.3 days.

John Wiley & Sons Price Performance

Shares of John Wiley & Sons stock traded up $0.02 during midday trading on Friday, hitting $49.27. 339 shares of the company were exchanged, compared to its average volume of 547. The firm has a 50 day simple moving average of $47.35 and a 200-day simple moving average of $43.18. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.57 and a quick ratio of 0.53. The firm has a market cap of $2.68 billion, a P/E ratio of -13.54 and a beta of 0.68. John Wiley & Sons has a 52 week low of $28.35 and a 52 week high of $50.88.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings results on Thursday, September 5th. The company reported $0.47 earnings per share (EPS) for the quarter. The firm had revenue of $403.81 million during the quarter. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%.

John Wiley & Sons Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were given a $0.352 dividend. This represents a $1.41 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend was Tuesday, October 8th. John Wiley & Sons’s payout ratio is presently -38.74%.

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.