ITV plc (OTCMKTS:ITVPF) Sees Large Increase in Short Interest

ITV plc (OTCMKTS:ITVPF) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,807,100 shares, an increase of 9.0% from the August 15th total of 3,491,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

ITV Stock Performance

Shares of ITVPF opened at $1.00 on Wednesday. The company’s 50-day moving average price is $1.01 and its 200 day moving average price is $0.86. ITV has a 12-month low of $0.96 and a 12-month high of $1.10.

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.