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

Plus500 Ltd. (OTCMKTS:PLSQF) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 5,286 shares, a growth of 120.2% from the August 15th total of 2,400 shares. Based on an average daily trading volume, of 18 shares, the short-interest ratio is presently 293.7 days.

Plus500 Price Performance

Shares of PLSQF stock opened at $49.05 on Wednesday. The stock’s 50 day simple moving average is $53.30 and its 200 day simple moving average is $55.54. Plus500 has a twelve month low of $41.61 and a twelve month high of $67.27.

Plus500 Company Profile

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.