Plus500 Ltd. (OTCMKTS:PLSQF) Sees Significant Decline in Short Interest

Plus500 Ltd. (OTCMKTS:PLSQFGet Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,040 shares, a decrease of 94.6% from the April 30th total of 19,172 shares. Based on an average daily trading volume, of 109 shares, the short-interest ratio is presently 9.5 days.

Plus500 Stock Performance

PLSQF remained flat at $59.10 during trading on Friday. The company has a fifty day moving average price of $57.23 and a 200-day moving average price of $51.00. Plus500 has a 1-year low of $41.61 and a 1-year high of $63.14.

Plus500 Company Profile

(Get Free Report)

Plus500 Ltd is a global fintech firm specializing in online trading services through Contracts for Difference (CFDs). The company provides retail and institutional clients with leveraged exposure to a wide range of financial instruments without requiring ownership of the underlying assets. Using a proprietary technology platform, Plus500 delivers real-time pricing, advanced charting tools and a streamlined trading experience across web, desktop and mobile applications.

Established in 2008, Plus500 offers CFDs on major asset classes including forex, equities, stock indices, commodities, exchange-traded funds (ETFs), options and cryptocurrencies.

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