Itv Plc. (OTCMKTS:ITVPY) Short Interest Update

Itv Plc. (OTCMKTS:ITVPY) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 916 shares, a decrease of 43.4% from the July 30th total of 1,619 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 16,392 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded 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 issued a Hold rating to the company. Based on data from MarketBeat.com, ITV presently has an average rating of “Buy”.

ITV Stock Down 4.0%

OTCMKTS:ITVPY traded down $0.40 during trading hours on Monday, reaching $9.67. 1,867 shares of the company were exchanged, compared to its average volume of 22,185. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.83 and a current ratio of 1.29. ITV has a twelve month low of $8.67 and a twelve month high of $11.98. The stock’s 50-day moving average is $10.11 and its 200-day moving average is $10.52.

About ITV

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.