Itv Plc. (OTCMKTS:ITVPY) Short Interest Update

Itv Plc. (OTCMKTS:ITVPY) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 3,716 shares, an increase of 279.6% from the May 14th total of 979 shares. Based on an average trading volume of 316,466 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

ITV Price Performance

ITV stock traded down $0.29 during midday trading on Friday, reaching $11.01. The company’s stock had a trading volume of 1,969 shares, compared to its average volume of 90,403. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.29 and a quick ratio of 0.83. ITV has a fifty-two week low of $8.67 and a fifty-two week high of $12.04. The stock’s 50 day simple moving average is $10.81 and its 200 day simple moving average is $10.85.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised ITV from a “hold” rating to a “strong-buy” rating in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, ITV has a consensus rating of “Buy”.

About ITV

ITV plc is a United Kingdom–based broadcasting and media production company best known for its portfolio of free-to-air television channels, including ITV, ITV2, ITV3, ITV4 and CITV. The company generates revenue primarily through advertising sales across its broadcast network and digital platforms. In addition to traditional linear broadcasting, ITV offers on-demand and catch-up services via its streaming portal, providing viewers access to drama, entertainment, reality and sports programming.

Through its production arm, ITV Studios, the company develops, produces and distributes original content for both its own channels and third-party broadcasters and streaming platforms.