Short Interest in ITV plc (OTCMKTS:TTUUF) Declines By 40.3%

ITV plc (OTCMKTS:TTUUF) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,056,100 shares, a decrease of 40.3% from the March 15th total of 1,769,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 10,561.0 days.

TTUUF has been the topic of a number of research reports. JPMorgan Chase & Co. cut shares of ITV from a “neutral” rating to an “underweight” rating in a research note on Thursday, April 1st. Smith Barney Citigroup lowered shares of ITV from an “outperform” rating to a “neutral” rating in a report on Tuesday, February 16th.

Shares of TTUUF stock opened at $5.92 on Friday. ITV has a 1-year low of $5.20 and a 1-year high of $6.48.

About ITV

Tokyu Fudosan Holdings Corporation, together with its subsidiaries, engages in the real estate business in Japan and internationally. The company operates through seven segments: Urban Development, Residential, Property Management, Real-Estate Agents, Wellness, Tokyu Hands, and Innovation Business segments.

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