Itv Plc. (OTCMKTS:ITVPY) Shares Shorted: Short Interest Up 262.3% in October

Itv Plc. (OTCMKTS:ITVPY) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 5,417 shares, an increase of 262.3% from the September 30th total of 1,495 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,498 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised ITV to a “hold” rating in a research note 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 MarketBeat.com, ITV has a consensus rating of “Buy”.

ITV Stock Down 0.1%

ITVPY traded down $0.01 during trading on Wednesday, hitting $8.66. The company had a trading volume of 2,477 shares, compared to its average volume of 18,796. ITV has a one year low of $8.51 and a one year high of $11.98. The firm’s 50-day moving average price is $9.25 and its 200 day moving average price is $10.29. The company has a current ratio of 1.25, a quick ratio of 0.80 and a debt-to-equity ratio of 0.25.

ITV Company Profile

ITV plc is a British media and entertainment company headquartered in the United Kingdom. It operates the ITV television network, which provides news, drama, entertainment, daytime programming and other content through regional channels, as well as the ITVX streaming service, which offers live and on-demand programming.

Through ITV Studios, the company develops, produces and distributes television programs and other content for broadcasters and streaming platforms. Its production business covers scripted and unscripted programming, including drama, reality, entertainment and factual content, and supplies shows to audiences and media companies in the U.K.