ITV plc (OTCMKTS:ITVPY) Short Interest Up 200.0% in March

ITV plc (OTCMKTS:ITVPY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a growth of 200.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

ITV Stock Performance

Shares of ITVPY stock opened at $10.29 on Friday. The business’s 50 day moving average is $9.48 and its two-hundred day moving average is $9.43. The company has a current ratio of 1.55, a quick ratio of 1.06 and a debt-to-equity ratio of 0.41. ITV has a 12 month low of $7.76 and a 12 month high of $11.02.

ITV Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 6th. Investors of record on Friday, April 11th will be issued a $0.4265 dividend. The ex-dividend date of this dividend is Friday, April 11th. This is an increase from ITV’s previous dividend of $0.18.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised ITV to a “hold” rating in a report on Tuesday.

About ITV

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.