Short Interest in Wolters Kluwer NV (OTCMKTS:WTKWY) Grows By 148.5%

Wolters Kluwer NV (OTCMKTS:WTKWY) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 37,369 shares, an increase of 148.5% from the July 15th total of 15,037 shares. Based on an average daily trading volume, of 190,394 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WTKWY shares. The Goldman Sachs Group began coverage on shares of Wolters Kluwer in a report on Wednesday, June 3rd. They issued a “neutral” rating for the company. Zacks Research upgraded Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Wolters Kluwer has an average rating of “Moderate Buy”.

Wolters Kluwer Stock Up 1.4%

WTKWY stock opened at $80.94 on Friday. The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.63 and a current ratio of 0.65. Wolters Kluwer has a 1 year low of $63.22 and a 1 year high of $138.76. The stock’s fifty day moving average price is $72.07 and its 200-day moving average price is $75.21.

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.