Short Interest in Molten Ventures (OTCMKTS:GRWXF) Grows By 94.0%

Molten Ventures (OTCMKTS:GRWXF) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 10,462 shares, a growth of 94.0% from the May 31st total of 5,394 shares. Based on an average trading volume of 2,555 shares, the days-to-cover ratio is currently 4.1 days.

Analysts Set New Price Targets

Separately, BNP Paribas Exane began coverage on shares of Molten Ventures in a research report on Monday, April 27th. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

Molten Ventures Price Performance

Shares of OTCMKTS GRWXF opened at $7.95 on Friday. The stock has a fifty day moving average price of $7.96 and a two-hundred day moving average price of $7.02. Molten Ventures has a 1 year low of $4.25 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.