Short Interest in OTC Markets Group Inc. (OTCMKTS:OTCM) Decreases By 31.2%

OTC Markets Group Inc. (OTCMKTS:OTCM) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,318 shares, a decrease of 31.2% from the November 30th total of 1,916 shares. Based on an average trading volume of 10,638 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 10,638 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of OTC Markets Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 19th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

OTC Markets Group Stock Performance

OTCM opened at $52.60 on Monday. OTC Markets Group has a fifty-two week low of $44.20 and a fifty-two week high of $60.50. The firm has a 50-day moving average of $52.20 and a 200 day moving average of $53.26. The firm has a market cap of $632.25 million, a P/E ratio of 21.83, a PEG ratio of 1.57 and a beta of 0.37.

OTC Markets Group (OTCMKTS:OTCM) last released its earnings results on Wednesday, November 12th. The financial services provider reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.09. OTC Markets Group had a net margin of 24.06% and a return on equity of 67.77%. The firm had revenue of $30.66 million for the quarter, compared to analysts’ expectations of $29.49 million. Equities research analysts predict that OTC Markets Group will post 2.4 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.