OTC Markets Group Inc. (OTCMKTS:OTCM – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,719 shares, a decrease of 62.4% from the May 31st total of 4,574 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 15,707 shares, the days-to-cover ratio is currently 0.1 days.
OTC Markets Group Trading Up 0.6%
Shares of OTCMKTS OTCM traded up $0.30 during midday trading on Tuesday, hitting $51.50. The company’s stock had a trading volume of 2,415 shares, compared to its average volume of 6,781. OTC Markets Group has a 12-month low of $49.35 and a 12-month high of $60.50. The firm has a market cap of $618.15 million, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 1.40 and a beta of 0.30. The business’s 50 day moving average is $52.79 and its two-hundred day moving average is $53.12.
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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.02). The business had revenue of $34.84 million for the quarter, compared to analysts’ expectations of $32.11 million. OTC Markets Group had a net margin of 24.81% and a return on equity of 71.29%. On average, analysts predict that OTC Markets Group will post 2.81 earnings per share for the current fiscal year.
About OTC Markets Group
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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