OFX Group Limited (OTCMKTS:OZFRY – Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 35 shares, a drop of 99.3% from the May 14th total of 5,326 shares. Based on an average daily volume of 556 shares, the days-to-cover ratio is presently 0.1 days.
OFX Group Stock Performance
OTCMKTS OZFRY opened at $2.20 on Wednesday. OFX Group has a 12 month low of $1.58 and a 12 month high of $2.99. The company’s 50-day moving average price is $2.06 and its 200-day moving average price is $1.92.
OFX Group Company Profile
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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