Itv Plc. (OTCMKTS:ITVPY) Short Interest Update

Key Points

• Short interest in ITV PLC rose by 223.1% in July, surging from 1,300 shares to 4,200 shares.
• The company's stocks opened at $10.85 with a 52-week range between a low of $7.76 and a high of $12.04.
• Brokerages recently downgraded ITV's stock ratings, with UBS Group cutting it to a "strong sell" rating and Kepler Capital Markets reducing it to a "hold" rating.

Itv Plc. (OTCMKTS:ITVPY - Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 4,200 shares, agrowthof223.1% from the June 30th total of 1,300 shares. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Kepler Capital Markets downgraded ITV from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 22nd. Sanford C. Bernstein raised ITV to a "hold" rating in a report on Thursday, July 17th.

ITV Stock Performance

ITV stock traded up $0.05 on Friday, hitting $10.97. The company's stock had a trading volume of 1,812 shares, compared to its average volume of 2,731. ITV has a one year low of $7.76 and a one year high of $12.04. The company has a current ratio of 1.63, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. The company has a fifty day moving average price of $10.92 and a 200-day moving average price of $10.18.

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.