Short Interest in Itv Plc. (OTCMKTS:ITVPY) Decreases By 64.2%

Itv Plc. (OTCMKTS:ITVPY) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 328 shares, a decline of 64.2% from the August 15th total of 916 shares. Based on an average trading volume of 11,203 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of ITV to a “hold” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ITV has an average rating of “Buy”.

ITV Price Performance

ITVPY stock opened at $9.68 on Tuesday. The company has a fifty day moving average price of $9.84 and a two-hundred day moving average price of $10.41. ITV has a one year low of $8.67 and a one year high of $11.98. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 0.24.

About ITV

ITV plc is a British media and entertainment company best known for operating the ITV commercial television network in the United Kingdom. Its broadcasting activities include a portfolio of television channels and digital services, with programming spanning news, drama, entertainment, sport and factual content. ITV also offers ITVX, its streaming and video-on-demand platform.

Through ITV Studios, the company develops, produces and distributes television programs and other content for broadcasters and streaming platforms in the U.K.