ITV plc (OTCMKTS:ITVPY) Short Interest Up 433.3% in May

ITV plc (OTCMKTS:ITVPY - Get Free Report) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 1,600 shares, a growth of 433.3% from the April 30th total of 300 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. UBS Group lowered shares of ITV from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 9th. The Goldman Sachs Group raised shares of ITV to a "hold" rating in a report on Tuesday, March 25th.

ITV Price Performance

Shares of ITVPY stock remained flat at $10.60 during mid-day trading on Friday. The stock had a trading volume of 2,036 shares, compared to its average volume of 3,233. The business has a fifty day moving average of $10.12 and a two-hundred day moving average of $9.47. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.06 and a current ratio of 1.55. ITV has a fifty-two week low of $7.76 and a fifty-two week 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 given a $0.4265 dividend. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from ITV's previous dividend of $0.18.

ITV Company Profile

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.