Molten Ventures (OTCMKTS:GRWXF) Short Interest Update

Molten Ventures (OTCMKTS:GRWXF) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 10,462 shares, an increase of 94.0% from the May 31st total of 5,394 shares. Based on an average trading volume of 2,555 shares, the short-interest ratio is currently 4.1 days.

Analysts Set New Price Targets

Separately, BNP Paribas Exane assumed coverage on shares of Molten Ventures in a research report on Monday, April 27th. They set an “outperform” rating for the company. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Molten Ventures presently has a consensus rating of “Buy”.

Molten Ventures Price Performance

Shares of GRWXF stock remained flat at $7.95 during trading on Thursday. The firm’s 50 day moving average price is $7.95 and its two-hundred day moving average price is $7.01. Molten Ventures has a 52 week low of $4.25 and a 52 week high of $8.62.

About Molten Ventures

Molten Ventures plc (OTCMKTS:GRWXF) is a London-based venture capital and growth equity firm specializing in technology investments across Europe. The company partners with early-stage and growth-stage enterprises, providing capital, strategic guidance and access to its global network of industry experts. Its investment focus spans software, fintech, healthtech, deep tech and consumer technology sectors, where it seeks to back teams with disruptive business models and high growth potential.

Since its founding in 2006—originally operating as Draper Esprit and rebranded to Molten Ventures in mid-2021—the firm has managed multiple EUR-denominated funds and participated in a broad range of financing rounds from seed through later-stage.