Wolters Kluwer NV (OTCMKTS:WTKWY) Short Interest Up 298.9% in April

Wolters Kluwer NV (OTCMKTS:WTKWY) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 13,717 shares, a growth of 298.9% from the April 15th total of 3,439 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 96,814 shares, the days-to-cover ratio is presently 0.1 days.

Wolters Kluwer Stock Down 1.7%

OTCMKTS:WTKWY opened at $71.30 on Wednesday. The firm’s 50 day simple moving average is $76.60 and its 200 day simple moving average is $92.35. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92. Wolters Kluwer has a one year low of $70.05 and a one year high of $185.47.

Wall Street Analyst Weigh In

WTKWY has been the subject of several analyst reports. Citigroup restated a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Zacks Research raised Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average 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.