Short Interest in Plus500 Ltd. (OTCMKTS:PLSQF) Drops By 83.3%

Plus500 Ltd. (OTCMKTS:PLSQF) saw a significant drop in short interest in January. As of January 31st, there was short interest totalling 200 shares, a drop of 83.3% from the January 15th total of 1,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 2.0 days.

Plus500 Stock Performance

Shares of PLSQF remained flat at $32.90 during mid-day trading on Friday. The firm’s 50-day moving average price is $32.73 and its 200-day moving average price is $31.99. Plus500 has a one year low of $31.00 and a one year high of $33.70.

About Plus500

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.