Short Interest in Plus500 Ltd. (OTCMKTS:PLSQF) Declines By 90.0%

Plus500 Ltd. (OTCMKTS:PLSQFGet Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 644 shares, a decline of 90.0% from the November 30th total of 6,412 shares. Based on an average daily trading volume, of 36 shares, the days-to-cover ratio is presently 17.9 days. Based on an average daily trading volume, of 36 shares, the days-to-cover ratio is presently 17.9 days.

Plus500 Price Performance

Plus500 stock remained flat at $43.90 during mid-day trading on Wednesday. Plus500 has a 1-year low of $32.90 and a 1-year high of $44.55. The stock has a fifty day moving average of $43.47 and a 200 day moving average of $43.05.

About Plus500

(Get Free Report)

Plus500 Ltd is a global fintech firm specializing in online trading services through Contracts for Difference (CFDs). The company provides retail and institutional clients with leveraged exposure to a wide range of financial instruments without requiring ownership of the underlying assets. Using a proprietary technology platform, Plus500 delivers real-time pricing, advanced charting tools and a streamlined trading experience across web, desktop and mobile applications.

Established in 2008, Plus500 offers CFDs on major asset classes including forex, equities, stock indices, commodities, exchange-traded funds (ETFs), options and cryptocurrencies.

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