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

Wolters Kluwer (OTCMKTS:WTKWY) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 200 shares, a drop of 92.6% from the March 15th total of 2,700 shares. Based on an average daily volume of 45,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Wolters Kluwer to a “strong-buy” rating in a research note on Tuesday, March 25th.

Wolters Kluwer Price Performance

OTCMKTS WTKWY opened at $171.71 on Wednesday. The firm’s 50-day simple moving average is $163.81 and its two-hundred day simple moving average is $168.20. Wolters Kluwer has a 52 week low of $146.00 and a 52 week high of $189.96. The company has a quick ratio of 0.76, a current ratio of 0.78 and a debt-to-equity ratio of 2.26.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.