ITV plc (OTCMKTS:ITVPY) Sees Large Growth in Short Interest

ITV plc (OTCMKTS:ITVPYGet Free Report) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 90,700 shares, an increase of 4,022.7% from the March 15th total of 2,200 shares. Based on an average trading volume of 86,500 shares, the short-interest ratio is currently 1.0 days.

ITV Trading Up 1.6 %

Shares of ITVPY stock opened at $9.02 on Friday. The firm’s 50-day simple moving average is $8.34 and its 200-day simple moving average is $8.06. ITV has a 1-year low of $7.02 and a 1-year high of $10.68.

ITV Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 7th. Investors of record on Friday, April 12th will be given a dividend of $0.3705 per share. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from ITV’s previous dividend of $0.19.

ITV Company Profile

(Get Free Report)

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 drama, entertainment, and factual for its own channels and other broadcasters.

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