ITV plc (OTCMKTS:ITVPY) Sees Large Growth in Short Interest

ITV plc (OTCMKTS:ITVPYGet Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 4,600 shares, an increase of 35.3% from the August 15th total of 3,400 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 0.6 days.

ITV Trading Up 0.8 %

Shares of ITVPY traded up $0.08 during mid-day trading on Monday, reaching $10.43. The company had a trading volume of 1,000 shares, compared to its average volume of 11,141. The stock has a 50 day moving average of $10.42 and a two-hundred day moving average of $9.78. The company has a quick ratio of 1.06, a current ratio of 1.55 and a debt-to-equity ratio of 0.41. ITV has a 52-week low of $7.02 and a 52-week high of $11.02.

Analysts Set New Price Targets

Separately, UBS Group upgraded ITV to a “hold” rating in a research note on Friday, July 26th.

Read Our Latest Stock Analysis on ITVPY

About ITV

(Get Free Report)

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.

Further Reading

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