OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 3,616 shares, a growth of 110.4% from the June 15th total of 1,719 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 7,323 shares, the days-to-cover ratio is presently 0.5 days.
OTC Markets Group Stock Down 0.2%
OTC Markets Group stock traded down $0.10 during midday trading on Thursday, reaching $52.50. The company’s stock had a trading volume of 254 shares, compared to its average volume of 6,502. The company has a market cap of $629.48 million, a P/E ratio of 19.74, a P/E/G ratio of 1.43 and a beta of 0.29. The business has a 50-day simple moving average of $52.09 and a 200-day simple moving average of $53.14. OTC Markets Group has a fifty-two week low of $49.35 and a fifty-two week high of $59.00.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.02). OTC Markets Group had a return on equity of 71.29% and a net margin of 24.81%.The business had revenue of $34.84 million for the quarter, compared to analyst estimates of $32.11 million. As a group, equities analysts forecast that OTC Markets Group will post 2.81 earnings per share for the current year.
About OTC Markets Group
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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