Itv Plc. (OTCMKTS:ITVPY) Short Interest Update

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

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of ITV to a “hold” rating in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, ITV has a consensus rating of “Buy”.

ITV Stock Up 2.5%

OTCMKTS ITVPY traded up $0.24 during mid-day trading on Friday, hitting $9.68. The stock had a trading volume of 2,926 shares, compared to its average volume of 4,918. The firm’s 50 day moving average is $9.87 and its 200 day moving average is $10.42. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 0.24. ITV has a twelve month low of $8.67 and a twelve month high of $11.98.

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.