OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 4,574 shares, a growth of 301.9% from the May 14th total of 1,138 shares. Based on an average daily trading volume, of 29,650 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.
OTC Markets Group Price Performance
Shares of OTCMKTS OTCM traded up $0.12 during trading hours on Thursday, hitting $51.44. 14,906 shares of the company’s stock were exchanged, compared to its average volume of 7,029. OTC Markets Group has a 1-year low of $49.35 and a 1-year high of $60.50. The stock has a market capitalization of $617.28 million, a price-to-earnings ratio of 19.34, a PEG ratio of 1.41 and a beta of 0.30. The company’s 50-day moving average price is $53.42 and its 200-day moving average price is $53.15.
OTC Markets Group (OTCMKTS:OTCM – Get Free Report) last posted 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). 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. On average, 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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