ITV plc (OTCMKTS:ITVPY) Short Interest Update

ITV plc (OTCMKTS:ITVPY) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 300 shares, an increase of 200.0% from the February 28th total of 100 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

ITV Stock Performance

Shares of OTCMKTS ITVPY remained flat at $10.51 during midday trading on Thursday. The stock had a trading volume of 41 shares, compared to its average volume of 2,673. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.55 and a quick ratio of 1.06. The company’s 50-day simple moving average is $9.42 and its 200 day simple moving average is $9.42. ITV has a 1-year low of $7.76 and a 1-year high of $11.02.

ITV Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, April 11th will be issued a dividend of $0.4265 per share. This is a positive change from ITV’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, April 11th.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of ITV to a “hold” rating in a research note on Tuesday.

ITV Company Profile

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.