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

ITV plc (OTCMKTS:ITVPY) was the recipient of a large increase in short interest in the month of 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 daily volume of 7,300 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

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

ITV Trading Up 0.8 %

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

ITV Company Profile

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.