ITV plc (OTCMKTS:ITVPY) Short Interest Update

ITV plc (OTCMKTS:ITVPY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a growth of 200.0% from the February 28th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded ITV to a “hold” rating in a report on Tuesday.

ITV Stock Performance

Shares of ITV stock remained flat at $10.51 during mid-day trading on Thursday. 41 shares of the stock traded hands, compared to its average volume of 2,673. The firm’s 50-day simple moving average is $9.42 and its 200-day simple moving average is $9.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.55 and a quick ratio of 1.06. ITV has a twelve month low of $7.76 and a twelve month high of $11.02.

ITV Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.4265 per share. This is a boost from ITV’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, April 11th.

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.