OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Down 42.9% in February

OTC Markets Group Inc. (OTCMKTS:OTCM) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 400 shares, a decrease of 42.9% from the February 13th total of 700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 13,000 shares, the short-interest ratio is presently 0.0 days.

OTC Markets Group Trading Up 0.5 %

OTCMKTS:OTCM traded up $0.22 during mid-day trading on Friday, hitting $47.00. The company’s stock had a trading volume of 2,416 shares, compared to its average volume of 4,176. OTC Markets Group has a fifty-two week low of $45.00 and a fifty-two week high of $55.50. The company has a market capitalization of $564.61 million, a price-to-earnings ratio of 20.98, a P/E/G ratio of 2.17 and a beta of 0.54. The stock has a fifty day moving average of $51.45 and a 200-day moving average of $50.75.

OTC Markets Group Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.53%. OTC Markets Group’s dividend payout ratio is 31.86%.

About OTC Markets Group

OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.