OFX Group Limited (OTCMKTS:OZFRY – Get Free Report) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,326 shares, an increase of 484.1% from the April 15th total of 227 shares. Based on an average daily volume of 236 shares, the days-to-cover ratio is presently 5.6 days.
OFX Group Stock Performance
Shares of OZFRY stock remained flat at $2.10 during mid-day trading on Wednesday. The company’s stock had a trading volume of 2,500 shares, compared to its average volume of 1,373. The firm’s 50-day moving average price is $2.04 and its two-hundred day moving average price is $1.92. OFX Group has a 12 month low of $1.58 and a 12 month high of $2.99.
OFX Group Company Profile
OFX Group is a global provider of online foreign exchange and international payment services. The company operates a digital platform that enables individuals, small businesses, and larger institutions to send and receive money across borders at competitive exchange rates. Its core offering includes spot and forward currency contracts, risk management tools, and multi-currency accounts designed to streamline cross-border transactions.
Originally founded in Sydney in 1998 under the name OzForex, OFX Group has grown through organic expansion and acquisitions to establish a presence in major financial markets.
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