Short Interest in Plus500 Ltd. (OTCMKTS:PLSQF) Expands By 3,766.7%

Plus500 Ltd. (OTCMKTS:PLSQF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 23,200 shares, a growth of 3,766.7% from the October 15th total of 600 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 116.0 days.

Plus500 Price Performance

Shares of OTCMKTS PLSQF opened at $32.69 on Wednesday. The business has a fifty day simple moving average of $33.33 and a 200-day simple moving average of $27.93. Plus500 has a 12 month low of $31.00 and a 12 month high of $33.70.

About Plus500

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.