ITV Short Interest Ratio and Short Volume

Short interest is the volume of ITV shares that have been sold short but have not yet been closed out or covered. As of May 28th, investors have sold 6,600 shares of ITVPY short.

ITV saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 6,600 shares, a drop of 94.3% from the previous total of 115,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.00% of ITV's shares are currently sold short. Here is how the short interest of companies in the industry of "cable & other pay television services" compare to ITV: Rogers Communications Inc. (0.55%), DISH Network Co. (11.36%), Liberty Global plc (0.00%), Altice USA, Inc. (19.99%), Liberty Global plc (2.26%), Liberty Global plc (3.55%), Discovery, Inc. (18.99%), Discovery, Inc. (4.63%), Shaw Communications Inc. (0.24%), and Cable One, Inc. (4.61%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($25.04 billion), AstraZeneca PLC ($7.50 billion), Aon plc ($7.09 billion), Square, Inc. ($6.95 billion), Analog Devices, Inc. ($6.90 billion), Advanced Micro Devices, Inc. ($6.79 billion), Charter Communications, Inc. ($6.18 billion), S&P Global Inc. ($5.54 billion), Sea Limited ($4.96 billion), and Wayfair Inc. ($4.25 billion). View all of the most shorted stocks.

Short selling ITVPY is an investing strategy that aims to generate trading profit from ITV as its price is falling. ITV's stock is trading down $0.18 today. To short ITV stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that ITV will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for ITV occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ITVPY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ITVPY, twice per month. The most recent reporting period available is May, 28 2021.