Short Interest in Itv Plc. (OTCMKTS:ITVPY) Expands By ∞

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

Analysts Set New Price Targets

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

ITV Stock Performance

ITV stock opened at $11.34 on Wednesday. ITV has a one year low of $8.67 and a one year high of $12.04. The business has a fifty day moving average of $10.63 and a two-hundred day 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.

ITV Company Profile

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.