OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Down 31.2% in December

OTC Markets Group Inc. (OTCMKTS:OTCM) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 1,318 shares, a drop of 31.2% from the November 30th total of 1,916 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,638 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 10,638 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

OTC Markets Group Trading Down 0.2%

Shares of OTCM traded down $0.10 during midday trading on Tuesday, hitting $51.90. 1,895 shares of the company’s stock traded hands, compared to its average volume of 5,572. The stock has a market capitalization of $623.84 million, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 1.57 and a beta of 0.37. OTC Markets Group has a 1 year low of $44.20 and a 1 year high of $60.50. The firm’s fifty day moving average is $52.23 and its 200-day moving average is $53.26.

OTC Markets Group (OTCMKTS:OTCM) last announced its earnings results on Wednesday, November 12th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.09. The company had revenue of $30.66 million for the quarter, compared to analyst estimates of $29.49 million. OTC Markets Group had a return on equity of 67.77% and a net margin of 24.06%. On average, equities research analysts anticipate that OTC Markets Group will post 2.4 EPS for the current year.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of OTC Markets Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 19th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

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.