Itv Plc. (OTCMKTS:ITVPY – Get Free Report) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 3,716 shares, a growth of 279.6% from the May 14th total of 979 shares. Based on an average daily volume of 316,466 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Analysts Set New Price Targets
Separately, Kepler Capital Markets raised ITV from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.
View Our Latest Report on ITVPY
ITV Stock Up 1.4%
ITV Company Profile
ITV plc is a United Kingdom–based broadcasting and media production company best known for its portfolio of free-to-air television channels, including ITV, ITV2, ITV3, ITV4 and CITV. The company generates revenue primarily through advertising sales across its broadcast network and digital platforms. In addition to traditional linear broadcasting, ITV offers on-demand and catch-up services via its streaming portal, providing viewers access to drama, entertainment, reality and sports programming.
Through its production arm, ITV Studios, the company develops, produces and distributes original content for both its own channels and third-party broadcasters and streaming platforms.
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