ITV plc (OTCMKTS:ITVPF) Sees Significant Growth in Short Interest

ITV plc (OTCMKTS:ITVPF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,225,000 shares, a growth of 14.3% from the February 29th total of 1,946,900 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 1,236.1 days.

ITV Price Performance

Shares of OTCMKTS:ITVPF remained flat at $0.72 during trading on Monday. ITV has a one year low of $0.72 and a one year high of $1.05. The company has a 50-day simple moving average of $0.74 and a 200-day simple moving average of $0.80.

About ITV

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 drama, entertainment, and factual for its own channels and other broadcasters.