Molten Ventures (OTCMKTS:GRWXF) Sees Large Decline in Short Interest

Molten Ventures (OTCMKTS:GRWXFGet Free Report) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,329 shares, a decrease of 77.7% from the June 15th total of 10,462 shares. Based on an average daily trading volume, of 660 shares, the days-to-cover ratio is presently 3.5 days.

Analysts Set New Price Targets

Separately, BNP Paribas Exane assumed coverage on Molten Ventures in a research report on Monday, April 27th. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

View Our Latest Report on Molten Ventures

Molten Ventures Price Performance

GRWXF remained flat at $7.95 on Friday. The stock has a 50 day moving average price of $8.01 and a 200 day moving average price of $7.07. Molten Ventures has a fifty-two week low of $4.25 and a fifty-two week high of $8.62.

Molten Ventures Company Profile

(Get Free Report)

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.

Featured Stories

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