Itv Plc. (OTCMKTS:ITVPY) Short Interest Down 92.9% in July

Key Points

• ITV Plc. experienced a significant decrease in short interest of 92.9% in July, falling from 4,200 shares to just 300 shares by the end of the month.
• Analysts have mixed opinions on ITV, with Sanford C. Bernstein upgrading the stock to a "hold" while Kepler Capital Markets downgraded it from "strong-buy" to "hold."
• As of the latest trading, ITV stock closed at $10.94, with a 50-day moving average of $10.96 and a volatility marked by a one-year low of $7.76 and a high of $12.04.

Itv Plc. (OTCMKTS:ITVPY - Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 300 shares, adropof92.9% from the July 15th total of 4,200 shares. Approximately0.0% of the shares of the company are short sold. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.0% of the shares of the company are short sold.

Analyst Ratings Changes

ITVPY has been the topic of several recent analyst reports. Sanford C. Bernstein upgraded shares of ITV to a "hold" rating in a research note on Thursday, July 17th. Kepler Capital Markets downgraded ITV from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 22nd.

ITV Stock Performance

ITV stock traded down $0.07 during midday trading on Thursday, hitting $10.94. The company's stock had a trading volume of 302 shares, compared to its average volume of 787. The company has a 50-day moving average price of $10.96 and a two-hundred day moving average price of $10.24. ITV has a 1-year low of $7.76 and a 1-year high of $12.04. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.63 and a quick ratio of 1.09.

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.

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