Wolters Kluwer NV (OTCMKTS:WTKWY) Short Interest Up 59.2% in August

Wolters Kluwer NV (OTCMKTS:WTKWY) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 20,080 shares, an increase of 59.2% from the August 15th total of 12,616 shares. Based on an average trading volume of 49,082 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Wolters Kluwer Price Performance

Shares of OTCMKTS:WTKWY opened at $78.98 on Thursday. 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 12 month low of $63.22 and a 12 month high of $138.76. The company’s fifty day simple moving average is $78.04 and its 200 day simple moving average is $75.05.

Analyst Ratings Changes

A number of brokerages have weighed in on WTKWY. TD Securities raised Wolters Kluwer to a “strong-buy” rating in a research report on Friday, September 11th. TD Cowen initiated coverage on shares of Wolters Kluwer in a report on Thursday, September 10th. They issued a “buy” rating on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of Wolters Kluwer in a research report on Wednesday, June 3rd. They issued a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Wolters Kluwer currently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. is a global provider of professional information, software and technology-enabled services. The company serves professionals and organizations in the health, tax and accounting, legal, regulatory, financial compliance, risk management and corporate performance sectors.

Its products and services include clinical decision-support and medical research tools such as UpToDate, tax and accounting software and content offered under brands including CCH, audit and risk management solutions such as TeamMate and governance, risk and compliance platforms including Enablon.