Wolters Kluwer NV (OTCMKTS:WTKWY) Sees Significant Increase in Short Interest

Wolters Kluwer NV (OTCMKTS:WTKWY) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 8,269 shares, a growth of 101.7% from the May 31st total of 4,100 shares. Based on an average trading volume of 149,516 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Wolters Kluwer Stock Down 0.4%

Wolters Kluwer stock opened at $64.71 on Wednesday. Wolters Kluwer has a twelve month low of $63.22 and a twelve month high of $164.93. The stock has a 50 day moving average of $71.95 and a two-hundred day moving average of $81.92. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 4.92.

Analysts Set New Price Targets

A number of research firms have recently commented on WTKWY. Citigroup reiterated a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Zacks Research upgraded Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Finally, The Goldman Sachs Group started coverage on Wolters Kluwer in a research report on Wednesday, June 3rd. They set a “neutral” rating on the stock. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus 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.