Short Interest in Plus500 Ltd. (OTCMKTS:PLSQF) Declines By 85.7%

Plus500 Ltd. (OTCMKTS:PLSQF) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a decline of 85.7% from the November 30th total of 700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Plus500 Price Performance

OTCMKTS PLSQF remained flat at $32.69 on Friday. The stock has a fifty day simple moving average of $32.69 and a 200-day simple moving average of $29.86. Plus500 has a 1-year low of $31.00 and a 1-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.