OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Up 301.9% in May

OTC Markets Group Inc. (OTCMKTS:OTCMGet Free Report) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 4,574 shares, an increase of 301.9% from the May 14th total of 1,138 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 29,650 shares, the short-interest ratio is currently 0.2 days.

OTC Markets Group Price Performance

OTCM stock traded down $0.02 during midday trading on Friday, reaching $51.30. 2,296 shares of the company were exchanged, compared to its average volume of 7,030. The business has a 50-day moving average price of $53.37 and a two-hundred day moving average price of $53.13. The firm has a market capitalization of $615.75 million, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 1.40 and a beta of 0.30. OTC Markets Group has a one year low of $49.35 and a one year high of $60.50.

OTC Markets Group (OTCMKTS:OTCMGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.59 earnings per share 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%. As a group, analysts anticipate 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.