Trading volume for Value Line, Inc. was 957 in the last trading session. Volume was down 30.95% under the stocks average daily volume.
Investors are a little more bullish recently if you consider the downtick in short interest. The firm recorded a fall in short interest of -24.97% between September 29, 2017 and October 13, 2017. Short shares decreased from 11,636 to 8,731 over that timeframe. Days to cover decreased from 9.0 to 5.0 and the percentage of shorted shares is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (VALU). As of the end of the quarter Blackrock Inc. had disposed of a total of 49,321 shares trimming its position 99.6%. The value of the investment in VALU decreased from $852,000 to $4,000 a change of $848,000 since the last quarter. As of quarter end Creative Planning had sold 45 shares trimming its holdings by 31.0%. The value of the total investment in Value Line, Inc. went from $2,000 to $2,000 decreasing 0.0% for the reporting period.
As of the end of the quarter Tower Research Capital LLC (trc) had sold 1,076 shares trimming its stake by 36.9%. The value in dollars went from $50,000 to $34,000 a change of 32.0% quarter over quarter. Neuberger Berman Group LLC divested its ownership by shedding 1,046 shares a decrease of 0.6% as of 06/30/2017. Neuberger Berman Group LLC now holds 180,706 shares with a value of $3,307,000. The total value of its holdings increased 5.7%.
In the market the company is trading up from yesterday’s close of $17.89. The company recently announced a dividend for shareholders that will be paid on Friday the 10th of November 2017. The dividend payment will be $0.180 per share for the quarter which is $0.72 annualized. This dividend amount will represent a yield of $4.03. The ex-dividend date is Monday October 30th, 2017.
The stock last traded at $17.89 slightly over the 50 day moving average which is $17.33 and a bit higher than the 200 day moving average of $17.47. The 50 day moving average was up $0.56 or +3.23% whereas the 200 day average was up by +2.41%.
Value Line, Inc.’s P/E ratio is 27.91 and market capitalization is 173.66M.
Value Line, Inc. (Value Line), launched on October 29, 1982, is involved in producing investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes. The Company markets under brands, including Value Line, the Value Line logo, The Value Line Investment Survey, Smart Research, Smarter Investing and The Most Trusted Name in Investment Research. As of April 30, 2016, the Business’s operating subsidiaries included Value Line Publishing LLC (VLP), which is the publishing unit for the investment related periodical publications and copyright data; Vanderbilt Advertising Agency, Inc., which places advertising on behalf of the Business’s publications, and Value Line Distribution Center, Inc. (VLDC), which provides subscription fulfillment services and subscriber relations services for Value Line’s publications and distributes Value Line’s print publications..