Plus500 Ltd. (OTCMKTS:PLSQF) Short Interest Up 1,017.6% in March

Plus500 Ltd. (OTCMKTS:PLSQF) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 19,000 shares, a growth 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 currently 21.1 days.

Plus500 Stock Performance

Shares of PLSQF remained flat at $35.20 during trading hours on Thursday. The business has a 50-day moving average price of $33.83 and a 200 day moving average price of $33.28. Plus500 has a 1 year low of $32.90 and a 1 year high of $36.15.

Plus500 Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, February 28th will be issued a $0.8213 dividend. The ex-dividend date of this dividend is Friday, February 28th. Plus500’s payout ratio is 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.