Short Interest in Molten Ventures (OTCMKTS:GRWXF) Expands By 90.2%

Molten Ventures (OTCMKTS:GRWXF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,429 shares, an increase of 90.2% from the June 30th total of 2,329 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas Exane initiated coverage on Molten Ventures in a research note on Monday, April 27th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Molten Ventures Stock Performance

OTCMKTS:GRWXF remained flat at $8.00 on Friday. The company has a fifty day simple moving average of $8.01 and a 200-day simple moving average of $7.21. Molten Ventures has a 52 week low of $4.43 and a 52 week high of $8.62.

About Molten Ventures

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.