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 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.

Check Out Our Latest Analysis on ITVPY

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

(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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