OTC Markets Group Inc. (OTCMKTS:OTCM) Sees Large Decrease in Short Interest

OTC Markets Group Inc. (OTCMKTS:OTCMGet Free Report) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,290 shares, a decrease of 37.9% from the July 30th total of 3,690 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 11,334 shares, the days-to-cover ratio is currently 0.2 days.

OTC Markets Group Stock Performance

OTCMKTS OTCM opened at $55.75 on Wednesday. The stock has a market cap of $667.88 million, a PE ratio of 20.13, a PEG ratio of 1.51 and a beta of 0.30. OTC Markets Group has a 12 month low of $49.35 and a 12 month high of $58.00. The company’s 50-day moving average price is $53.55 and its 200-day moving average price is $53.31.

OTC Markets Group (OTCMKTS:OTCMGet Free Report) last issued its earnings results on Wednesday, August 5th. The financial services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.34. OTC Markets Group had a net margin of 24.95% and a return on equity of 73.96%. The business had revenue of $33.74 million for the quarter, compared to the consensus estimate of $33.22 million. As a group, sell-side analysts forecast that OTC Markets Group will post 2.8 earnings per share for the current year.

OTC Markets Group Company Profile

(Get Free Report)

OTC Markets Group operates a network of electronic trading platforms that provide real-time quotes, trading, and market data for over-the-counter (OTC) securities. Through its tiered marketplaces—OTCQX for established companies, OTCQB for early-stage and developing firms, and OTC Pink for less transparent issuers—the company connects broker-dealers, institutional investors, and retail participants. Its platforms facilitate price discovery and liquidity for a wide range of securities, including foreign issuers, micro-caps, and funds.

The company’s product suite extends beyond trading venues to encompass market data services, corporate disclosure tools, and compliance solutions.

See Also

Receive News & Ratings for OTC Markets Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OTC Markets Group and related companies with MarketBeat.com's FREE daily email newsletter.