Monex Group, Inc. (OTCMKTS:MNXBF) Shares Shorted: Short Interest Down 45.1% in September

Monex Group, Inc. (OTCMKTS:MNXBF) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,099,829 shares, a decline of 45.1% from the August 31st total of 2,003,536 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Monex Group Price Performance

Shares of MNXBF stock remained flat at $4.16 during mid-day trading on Wednesday. The company has a fifty day moving average price of $4.11 and a 200-day moving average price of $4.20. Monex Group has a 52-week low of $3.85 and a 52-week high of $5.61.

Monex Group Company Profile

Monex Group, Inc is a Japan-based financial services holding company that provides online investment and trading services to individual and institutional customers. Through its subsidiaries, the group offers access to domestic and international stocks, exchange-traded funds, investment trusts, bonds, foreign exchange and other financial products.

Its principal businesses include online securities brokerage, foreign-exchange trading, cryptocurrency services and asset management. Key group companies include Monex Securities, which serves investors in Japan; TradeStation, a U.S.-based electronic brokerage and trading-technology provider; and Coincheck, a Japanese cryptocurrency exchange and digital-asset services company.

Monex traces its origins to the growth of internet-based brokerage in Japan during the late 1990s and has expanded its operations through acquisitions and partnerships in Japan, the United States and other international markets.