Short Interest in OFX Group Limited (OTCMKTS:OZFRY) Decreases By 97.9%

OFX Group Limited (OTCMKTS:OZFRYGet Free Report) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 255 shares, a drop of 97.9% from the November 30th total of 11,988 shares. Based on an average trading volume of 13,038 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 13,038 shares, the short-interest ratio is presently 0.0 days.

OFX Group Trading Up 3.8%

OZFRY opened at $1.64 on Thursday. The business’s 50-day simple moving average is $2.02 and its 200 day simple moving average is $2.38. OFX Group has a 52-week low of $1.58 and a 52-week high of $3.65.

About OFX Group

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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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