TMX Group Limited (OTCMKTS:TMXXF) Short Interest Update

TMX Group Limited (OTCMKTS:TMXXF) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,971,842 shares, an increase of 54.2% from the July 15th total of 2,575,841 shares. Based on an average trading volume of 135,217 shares, the short-interest ratio is currently 29.4 days.

TMX Group Price Performance

Shares of OTCMKTS TMXXF opened at $38.19 on Thursday. TMX Group has a 1 year low of $31.66 and a 1 year high of $41.94. The firm has a fifty day moving average price of $35.57 and a 200-day moving average price of $36.21.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Scotiabank reiterated an “outperform” rating on shares of TMX Group in a report on Monday, August 3rd. National Bank Financial raised TMX Group from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 27th. Canadian Imperial Bank of Commerce assumed coverage on shares of TMX Group in a report on Monday. They set an “outperform” rating for the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of TMX Group in a research report on Thursday, April 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of TMX Group in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

TMX Group Company Profile

TMX Group Limited operates Canada’s premier financial infrastructure that supports capital markets for listing, trading, clearing, settlement and information services. As a holding company, TMX Group’s principal businesses include the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), Montréal Exchange (MX), and Canadian Depository for Securities (CDS). These platforms facilitate equity and derivatives trading, debt issuance, exchange-traded funds and a broad spectrum of structured products.

Through its marketplace operations, TMX Group offers issuers access to public capital, while providing investors with deep liquidity and a diverse range of listed instruments.