Itv Plc. (OTCMKTS:ITVPY) Short Interest Update

Itv Plc. (OTCMKTS:ITVPY) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 979 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 80,392 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

ITV Stock Down 5.6%

ITVPY stock traded down $0.65 during trading on Monday, reaching $10.88. 1,719 shares of the company traded hands, compared to its average volume of 25,863. ITV has a 12 month low of $8.67 and a 12 month high of $12.04. The business has a 50 day simple moving average of $10.62 and a 200 day simple moving average of $10.81. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.29 and a quick ratio of 0.83.

Wall Street Analysts Forecast Growth

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