OFX Group Limited (OTCMKTS:OZFRY – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 5,326 shares, a growth of 301.7% from the April 30th total of 1,326 shares. Based on an average daily trading volume, of 2,655 shares, the days-to-cover ratio is presently 2.0 days.
OFX Group Stock Performance
OTCMKTS:OZFRY traded up $0.05 during trading hours on Friday, hitting $2.20. The company’s stock had a trading volume of 2,503 shares, compared to its average volume of 1,977. The stock has a fifty day moving average of $2.05 and a 200-day moving average of $1.91. OFX Group has a 52-week low of $1.58 and a 52-week high of $2.99.
About OFX Group
OFX Group is a global provider of online foreign exchange and international payment services. The company operates a digital platform that enables individuals, small businesses, and larger institutions to send and receive money across borders at competitive exchange rates. Its core offering includes spot and forward currency contracts, risk management tools, and multi-currency accounts designed to streamline cross-border transactions.
Originally founded in Sydney in 1998 under the name OzForex, OFX Group has grown through organic expansion and acquisitions to establish a presence in major financial markets.
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