Wolters Kluwer NV (OTCMKTS:WTKWY) Short Interest Up 101.7% in June

Wolters Kluwer NV (OTCMKTS:WTKWY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 8,269 shares, an increase of 101.7% from the May 31st total of 4,100 shares. Based on an average daily volume of 149,516 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

WTKWY has been the subject of a number of analyst reports. The Goldman Sachs Group assumed coverage on shares of Wolters Kluwer in a research report on Wednesday, June 3rd. They issued a “neutral” rating for the company. Zacks Research raised shares of Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Finally, Citigroup reissued a “buy” rating on shares of Wolters Kluwer in a report on Thursday, April 9th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Wolters Kluwer has an average rating of “Moderate Buy”.

Wolters Kluwer Price Performance

Shares of Wolters Kluwer stock opened at $65.09 on Thursday. Wolters Kluwer has a 52 week low of $63.22 and a 52 week high of $164.93. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92. The company’s 50-day moving average price is $71.62 and its two-hundred day moving average price is $81.65.

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.