<div id="readability-page-1"><p>Scholastic Corporation (NASDAQ:SCHL - Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,066,795 shares,  an increase of 60.4% from the March 31st total of 1,911,756 shares. Approximately 15.5% of the company's shares are short sold. Based on an average daily volume of 721,311 shares, the days-to-cover ratio is presently 4.3 days.</p><h2>Analyst Upgrades and Downgrades</h2><p>SCHL has been the topic of a number of recent research reports. Weiss Ratings raised shares of Scholastic from a &#34;sell (d+)&#34; rating to a &#34;hold (c-)&#34; rating in a research report on Friday, January 30th. B. Riley Financial upped their target price on shares of Scholastic from $37.00 to $40.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, March 20th. Wall Street Zen downgraded shares of Scholastic from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Saturday. Finally, Zacks Research raised shares of Scholastic from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, April 3rd. One investment analyst  has rated the stock with a Strong Buy rating and two have assigned  a Hold rating to the company. According to MarketBeat, the stock  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $40.00.</p><p><b>Get Our Latest Analysis on Scholastic</b></p><h2>Institutional Inflows and Outflows</h2><p>Large investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in  Scholastic by 458.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,159 shares of the company's stock worth $66,000 after buying an additional 2,593 shares during the last quarter.  GAMMA Investing LLC grew its stake in shares of  Scholastic by 29.5% in the fourth quarter. GAMMA Investing LLC now owns 3,289 shares of the company's stock worth $97,000 after acquiring an additional 749 shares during the period.  Marquette Asset Management LLC bought a new stake in shares of  Scholastic in the fourth quarter worth approximately $116,000.  State of Wyoming bought a new stake in shares of  Scholastic in the third quarter worth approximately $137,000.  Finally, BNP Paribas Financial Markets grew its stake in shares of  Scholastic by 127.4% in the third quarter. BNP Paribas Financial Markets now owns 5,197 shares of the company's stock worth $142,000 after acquiring an additional 2,912 shares during the period. 82.57% of the stock is owned by hedge funds and other institutional investors. </p><h2>Scholastic Stock Performance</h2><p>Shares of Scholastic stock opened at $40.34 on Monday. The stock has a market capitalization of $876.99 million, a PE ratio of 16.27 and a beta of 1.08. Scholastic has a 52-week low of $16.78 and a 52-week high of $43.39. The company has a 50-day simple moving average of $36.68 and a two-hundred day simple moving average of $32.67. </p><p>Scholastic (NASDAQ:SCHL - Get Free Report) last issued its earnings results on Thursday, March 19th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.22. The business had revenue of $329.10 million during the quarter, compared to analysts' expectations of $331.53 million. Scholastic had a net margin of 3.88% and a return on equity of 2.47%.  As a group, equities research analysts forecast that  Scholastic will post 1.82 EPS for the current fiscal year. </p><h2>Scholastic Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, April 30th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $0.80 annualized dividend and a yield of 2.0%. Scholastic's payout ratio is 32.26%. </p><p>Scholastic declared that its Board of Directors has initiated a stock repurchase program on Friday, March 20th that permits the company to repurchase $200.00 million in    shares. This repurchase authorization permits the company to purchase up to 23% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its shares are undervalued. </p><h2>About Scholastic</h2> (Get Free Report)<p>Scholastic Corporation <span>NASDAQ: SCHL<span></span></span> is a global company dedicated to children's publishing, education technology and distribution services. The company's core business encompasses three primary segments: Children's Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children's books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Scholastic</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Scholastic Right Now?</h2><p>Before you consider Scholastic, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Scholastic wasn't on the list.</p><p>While Scholastic currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SCHL

<p>Scholastic Corporation (NASDAQ:SCHL) experienced a significant increase in short interest, rising 60.4% in April to 3,066,795 shares. This represents approximately 15.5% of the company's shares sold short, with a days-to-cover ratio of 4.3 days. The stock has received mixed ratings from analysts, with a consensus price target of $40.00. Scholastic also announced a quarterly dividend of $0.20 and initiated a $200 million stock repurchase program, indicating confidence in its stock value. The company reported earnings of ($0.15) per share, exceeding expectations, with a revenue of $329.10 million.</p>

Scholastic Corporation (NASDAQ:SCHL) Short Interest Up 60.4% in April