OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Update

OTC Markets Group Inc. (OTCMKTS:OTCM) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 1,318 shares, a decrease of 31.2% from the November 30th total of 1,916 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 10,638 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 10,638 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

OTC Markets Group Stock Down 0.3%

OTCMKTS OTCM traded down $0.15 on Wednesday, hitting $51.75. 2,461 shares of the stock were exchanged, compared to its average volume of 5,589. The company has a market cap of $622.04 million, a PE ratio of 21.47, a PEG ratio of 1.56 and a beta of 0.37. The company has a 50-day moving average price of $52.25 and a 200-day moving average price of $53.27. OTC Markets Group has a fifty-two week low of $44.20 and a fifty-two week high of $60.50.

OTC Markets Group (OTCMKTS:OTCM) last announced its quarterly earnings results on Wednesday, November 12th. The financial services provider reported $0.71 EPS for the quarter, topping the consensus estimate of $0.62 by $0.09. OTC Markets Group had a net margin of 24.06% and a return on equity of 67.77%. The firm had revenue of $30.66 million for the quarter, compared to analyst estimates of $29.49 million. As a group, equities research analysts predict that OTC Markets Group will post 2.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of OTC Markets Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 19th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company presently has an average rating of “Strong Buy”.

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.