Short Interest in Plus500 Ltd. (OTCMKTS:PLSQF) Drops By 98.4%
by Renee Jackson · The Cerbat GemPlus500 Ltd. (OTCMKTS:PLSQF – Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 300 shares, a drop of 98.4% from the March 15th total of 19,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 3.0 days.
Plus500 Price Performance
PLSQF remained flat at $34.15 on Tuesday. Plus500 has a one year low of $32.90 and a one year high of $36.15. The business has a 50 day moving average price of $34.24 and a 200 day moving average price of $33.33.
Plus500 Dividend Announcement
The company also recently announced a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, February 28th will be paid a $0.8213 dividend. The ex-dividend date of this dividend is Friday, February 28th. Plus500’s dividend payout ratio is currently 102.40%.
About Plus500
Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.
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