Molten Ventures (OTCMKTS:GRWXF) Short Interest Update

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

Molten Ventures Stock Performance

GRWXF stock remained flat at $7.95 on Wednesday. Molten Ventures has a 12 month low of $4.25 and a 12 month high of $8.62. The firm has a 50 day moving average of $7.94 and a 200 day moving average of $7.00.

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 on the stock. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently 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.