Plus500 Ltd. (OTCMKTS:PLSQF) Sees Large Increase in Short Interest

Plus500 Ltd. (OTCMKTS:PLSQF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 700 shares, an increase of 250.0% from the January 31st total of 200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 7.0 days.

Plus500 Stock Performance

Plus500 stock remained flat at $32.90 during mid-day trading on Friday. Plus500 has a 1 year low of $31.00 and a 1 year high of $33.70. The business’s 50 day moving average is $32.77 and its 200-day moving average is $32.61.

Plus500 Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, July 9th. Investors of record on Friday, February 28th will be issued a $0.8213 dividend. The ex-dividend date of this dividend is Friday, February 28th. Plus500’s dividend payout ratio is currently 102.40%.

Plus500 Company Profile

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.