Molten Ventures (OTCMKTS:GRWXF) Short Interest Up 90.2% in July

Molten Ventures (OTCMKTS:GRWXF) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 4,429 shares, an increase of 90.2% from the June 30th total of 2,329 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Molten Ventures Stock Performance

Shares of OTCMKTS:GRWXF opened at $8.00 on Friday. Molten Ventures has a 1 year low of $4.43 and a 1 year high of $8.62. The firm has a fifty day moving average price of $8.01 and a 200 day moving average price of $7.21.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane started coverage on Molten Ventures in a report on Monday, April 27th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.

Molten Ventures Company Profile

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.