Short Interest in Plus500 Ltd. (OTCMKTS:PLSQF) Declines By 90.0%
by Amy Steele · The Cerbat GemPlus500 Ltd. (OTCMKTS:PLSQF – Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 644 shares, a decrease of 90.0% from the November 30th total of 6,412 shares. Based on an average daily trading volume, of 36 shares, the days-to-cover ratio is presently 17.9 days. Based on an average daily trading volume, of 36 shares, the days-to-cover ratio is presently 17.9 days.
Plus500 Price Performance
Shares of Plus500 stock remained flat at $43.90 during trading on Wednesday. Plus500 has a 12-month low of $32.90 and a 12-month high of $44.55. The business’s 50 day moving average is $43.47 and its two-hundred day moving average is $43.05.
Plus500 Company Profile
Plus500 Ltd is a global fintech firm specializing in online trading services through Contracts for Difference (CFDs). The company provides retail and institutional clients with leveraged exposure to a wide range of financial instruments without requiring ownership of the underlying assets. Using a proprietary technology platform, Plus500 delivers real-time pricing, advanced charting tools and a streamlined trading experience across web, desktop and mobile applications.
Established in 2008, Plus500 offers CFDs on major asset classes including forex, equities, stock indices, commodities, exchange-traded funds (ETFs), options and cryptocurrencies.