Molten Ventures (OTCMKTS:GRWXF) Short Interest Update

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

Wall Street Analysts Forecast Growth

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

Molten Ventures Stock Performance

GRWXF stock remained flat at $7.95 during trading on Friday. The stock has a 50 day simple moving average of $8.01 and a 200-day simple moving average of $7.07. Molten Ventures has a 1 year low of $4.25 and a 1 year high of $8.62.

Molten Ventures Company Profile

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.