Permanent TSB Group Holdings plc (OTCMKTS:ILPMF) Sees Significant Decrease in Short Interest

Permanent TSB Group Holdings plc (OTCMKTS:ILPMF) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 15,839 shares, a decrease of 12.4% from the January 15th total of 18,089 shares. Based on an average daily volume of 73,575 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 73,575 shares, the days-to-cover ratio is presently 0.2 days.

Permanent TSB Group Price Performance

Shares of OTCMKTS ILPMF opened at $3.70 on Tuesday. The business’s 50-day simple moving average is $3.57 and its 200-day simple moving average is $3.14. Permanent TSB Group has a 52 week low of $1.60 and a 52 week high of $3.73.

Wall Street Analysts Forecast Growth

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

About Permanent TSB Group

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.