ITV plc (OTCMKTS:ITVPY) Short Interest Up 200.0% in March

ITV plc (OTCMKTS:ITVPY) was the target of a significant growth in short interest in 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. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 6,500 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised ITV to a “hold” rating in a research note on Tuesday.

ITV Price Performance

ITVPY stock opened at $10.29 on Friday. The firm has a 50 day simple moving average of $9.48 and a 200 day simple moving average of $9.43. ITV has a 52 week low of $7.76 and a 52 week high of $11.02. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.06 and a current ratio of 1.55.

ITV Increases Dividend

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

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.