Itv Plc. (OTCMKTS:ITVPY) Short Interest Update

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

ITV Stock Performance

Shares of OTCMKTS ITVPY traded down $0.38 during midday trading on Friday, hitting $9.69. The company had a trading volume of 6,677 shares, compared to its average volume of 35,441. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 0.24. The business has a 50-day simple moving average of $10.11 and a two-hundred day simple moving average of $10.52. ITV has a twelve month low of $8.67 and a twelve month high of $11.98.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised ITV to a “hold” rating in a report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

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.