Molten Ventures (OTCMKTS:GRWXF) Short Interest Up 90.2% in July

Molten Ventures (OTCMKTS:GRWXF) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 4,429 shares, an increase of 90.2% from the June 30th total of 2,329 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analysts Set New Price Targets

Separately, BNP Paribas Exane began coverage on shares of Molten Ventures in a research note on Monday, April 27th. They issued an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Molten Ventures presently has a consensus rating of “Buy”.

Molten Ventures Stock Performance

GRWXF opened at $8.00 on Thursday. The stock’s fifty day simple moving average is $8.01 and its 200 day simple moving average is $7.20. Molten Ventures has a 1-year low of $4.43 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.