Itv Plc. (OTCMKTS:ITVPY) Stock Short Interest Jumps 6,130.1%

Itv Plc. (OTCMKTS:ITVPY) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 337,483 shares, a growth of 6,130.1% from the October 15th total of 5,417 shares. Based on an average trading volume of 73,061 shares, the short-interest ratio is currently 4.6 days. Currently, 0.1% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded ITV to a “hold” rating in a research 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 company’s stock. According to MarketBeat, ITV currently has an average rating of “Buy”.

ITV Trading Up 0.1%

Shares of ITVPY stock traded up $0.01 during mid-day trading on Tuesday, hitting $8.86. The company had a trading volume of 3,108 shares, compared to its average volume of 21,019. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.25 and a quick ratio of 0.80. The stock’s 50 day moving average price is $9.06 and its 200-day moving average price is $10.18. ITV has a 52-week low of $8.50 and a 52-week high of $11.98.

ITV Company Profile

ITV plc is a British media company whose businesses span television broadcasting, streaming and content production. It operates the ITV network and channels including ITV1, ITV2, ITV3, ITV4 and ITVBe, and offers on-demand programming through ITVX. Through ITV Studios, the company develops, produces and distributes scripted and unscripted content, including programmes and formats for its own services and other broadcasters and platforms. Its production and distribution activities extend beyond the United Kingdom to markets around the world.