Itv Plc. (OTCMKTS:ITVPY) Sees Large Increase in Short Interest
by Teresa Graham · The Cerbat GemItv Plc. (OTCMKTS:ITVPY – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 1,495 shares, an increase of 512.7% from the September 15th total of 244 shares. Based on an average trading volume of 11,249 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised ITV to a “hold” rating in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.
Read Our Latest Research Report on ITV
ITV Trading Down 0.8%
ITVPY stock traded down $0.07 during midday trading on Friday, reaching $8.84. The stock had a trading volume of 3,202 shares, compared to its average volume of 5,670. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.25 and a quick ratio of 0.80. ITV has a twelve month low of $8.67 and a twelve month high of $11.98. The business has a fifty day simple moving average of $9.50 and a two-hundred day simple moving average of $10.20.
About ITV
ITV plc is a British media and entertainment company headquartered in the United Kingdom. Its businesses include ITV Studios, which develops, produces and distributes television programs and entertainment content, and ITV Media & Entertainment, which operates ITV’s television channels and digital services.
ITV’s programming spans drama, reality, news, daytime television, sport and other entertainment formats. The company distributes content internationally through ITV Studios and provides streaming and on-demand programming through ITVX, its digital entertainment platform.