OTC Markets Group Inc. (OTCMKTS:OTCM) Sees Significant Decrease in Short Interest

OTC Markets Group Inc. (OTCMKTS:OTCMGet Free Report) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 1,719 shares, a decline of 62.4% from the May 31st total of 4,574 shares. Based on an average daily trading volume, of 15,707 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

OTC Markets Group Price Performance

OTC Markets Group stock opened at $51.00 on Friday. OTC Markets Group has a 12-month low of $49.35 and a 12-month high of $60.50. The stock has a market capitalization of $612 million, a PE ratio of 19.17, a price-to-earnings-growth ratio of 1.40 and a beta of 0.30. The firm has a 50 day simple moving average of $52.83 and a 200-day simple moving average of $53.10.

OTC Markets Group (OTCMKTS:OTCMGet Free Report) last announced its earnings results on Wednesday, May 6th. The financial services provider reported $0.59 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.02). The firm had revenue of $34.84 million for the quarter, compared to the consensus estimate of $32.11 million. OTC Markets Group had a return on equity of 71.29% and a net margin of 24.81%. On average, analysts forecast that OTC Markets Group will post 2.81 earnings per share for the current fiscal year.

OTC Markets Group Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for OTC Markets Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OTC Markets Group and related companies with MarketBeat.com's FREE daily email newsletter.