Plus500 Ltd. (OTCMKTS:PLSQF) Sees Significant Increase in Short Interest

Plus500 Ltd. (OTCMKTS:PLSQF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 19,000 shares, an increase of 1,017.6% from the February 28th total of 1,700 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 21.1 days.

Plus500 Stock Performance

Shares of PLSQF remained flat at $35.20 during trading hours on Thursday. Plus500 has a 52-week low of $32.90 and a 52-week high of $36.15. The stock’s 50-day moving average price is $33.83 and its 200 day moving average price is $33.28.

Plus500 Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, February 28th will be issued a $0.8213 dividend. The ex-dividend date is Friday, February 28th. Plus500’s dividend payout ratio (DPR) is presently 102.40%.

Plus500 Company Profile

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.