Plus500 Ltd. (OTCMKTS:PLSQF) Short Interest Update

Plus500 Ltd. (OTCMKTS:PLSQF) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,040 shares, a drop of 94.6% from the April 30th total of 19,172 shares. Based on an average daily volume of 109 shares, the days-to-cover ratio is presently 9.5 days.

Plus500 Price Performance

Shares of Plus500 stock remained flat at $59.10 during trading hours on Wednesday. The stock’s 50-day moving average price is $57.06 and its 200-day moving average price is $50.89. Plus500 has a 12-month low of $41.61 and a 12-month high of $63.14.

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.