OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Update

OTC Markets Group Inc. (OTCMKTS:OTCM) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 500 shares, a growth of 25.0% from the September 30th total of 400 shares. Based on an average daily volume of 34,000 shares, the short-interest ratio is currently 0.0 days.

OTC Markets Group Stock Performance

OTCMKTS OTCM traded up $1.84 on Wednesday, reaching $51.35. The stock had a trading volume of 10,912 shares, compared to its average volume of 5,405. The stock has a market cap of $614.92 million, a P/E ratio of 22.10, a price-to-earnings-growth ratio of 2.38 and a beta of 0.54. OTC Markets Group has a 12-month low of $45.00 and a 12-month high of $62.00. The business’s 50-day moving average price is $48.17 and its 200 day moving average price is $49.43.

OTC Markets Group (OTCMKTS:OTCM) last released its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.56 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.10). OTC Markets Group had a net margin of 24.67% and a return on equity of 71.64%. The business had revenue of $27.56 million during the quarter, compared to analysts’ expectations of $28.06 million. On average, sell-side analysts predict that OTC Markets Group will post 2.36 earnings per share for the current year.

OTC Markets Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Thursday, September 5th. OTC Markets Group’s dividend payout ratio is currently 32.14%.

OTC Markets Group Company Profile

OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.