OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 2,109 shares, a drop of 41.7% from the June 30th total of 3,616 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 6,941 shares, the days-to-cover ratio is presently 0.3 days.
OTC Markets Group Trading Down 0.5%
OTCMKTS OTCM traded down $0.27 on Thursday, hitting $53.24. 9,414 shares of the company’s stock were exchanged, compared to its average volume of 6,303. The stock has a 50-day moving average of $52.08 and a 200-day moving average of $53.22. The stock has a market cap of $638.32 million, a price-to-earnings ratio of 20.01, a P/E/G ratio of 1.48 and a beta of 0.29. OTC Markets Group has a 52 week low of $49.35 and a 52 week high of $58.00.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.02). OTC Markets Group had a return on equity of 71.29% and a net margin of 24.81%.The business had revenue of $34.84 million for the quarter, compared to analyst estimates of $32.11 million. As a group, analysts predict that OTC Markets Group will post 2.81 earnings per share for the current year.
OTC Markets Group Company Profile
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.
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