Short Interest in Permanent TSB Group Holdings plc (OTCMKTS:ILPMF) Grows By 84.5%

Permanent TSB Group Holdings plc (OTCMKTS:ILPMF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 26,379 shares, an increase of 84.5% from the December 15th total of 14,299 shares. Based on an average daily volume of 1 shares, the short-interest ratio is presently 26,379.0 days. Based on an average daily volume of 1 shares, the short-interest ratio is presently 26,379.0 days.

Permanent TSB Group Stock Performance

ILPMF remained flat at $3.53 on Friday. The company has a fifty day simple moving average of $3.54 and a two-hundred day simple moving average of $2.94. Permanent TSB Group has a fifty-two week low of $1.60 and a fifty-two week high of $3.73.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Permanent TSB Group in a research note on Thursday, November 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Permanent TSB Group currently has an average rating of “Sell”.

Permanent TSB Group Company Profile

Permanent TSB Group plc is a retail bank headquartered in Dublin, Ireland, primarily serving personal, mortgage and small business customers across the Republic of Ireland. The bank offers an integrated range of financial solutions designed to meet everyday banking needs, including current accounts, savings products and digital banking services. With a focus on customer accessibility, Permanent TSB operates a network of branches and ATMs complemented by online and mobile platforms.

Core lending activities revolve around home mortgages and personal loans.