Molten Ventures (OTCMKTS:GRWXF) Short Interest Down 77.7% in June

Molten Ventures (OTCMKTS:GRWXF) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 2,329 shares, a drop of 77.7% from the June 15th total of 10,462 shares. Based on an average daily volume of 660 shares, the short-interest ratio is currently 3.5 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane initiated coverage on Molten Ventures in a report on Monday, April 27th. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Molten Ventures Price Performance

Molten Ventures stock remained flat at $7.95 during mid-day trading on Friday. The business has a fifty day moving average of $8.01 and a two-hundred day moving average of $7.07. Molten Ventures has a twelve month low of $4.25 and a twelve month high of $8.62.

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.