OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 2,109 shares, a drop of 41.7% from the June 30th total of 3,616 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 6,941 shares, the days-to-cover ratio is currently 0.3 days.
OTC Markets Group Stock Up 0.9%
Shares of OTCM stock opened at $53.75 on Friday. The company has a market capitalization of $644.46 million, a P/E ratio of 20.21, a P/E/G ratio of 1.46 and a beta of 0.29. OTC Markets Group has a 12-month low of $49.35 and a 12-month high of $58.00. The firm has a 50-day moving average price of $52.14 and a 200 day moving average price of $53.22.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last issued 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, research analysts expect that OTC Markets Group will post 2.81 earnings per share for the current year.
OTC Markets Group Company Profile
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.
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