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 in the month of July. As of July 31st, there was short interest totaling 2,900 shares, agrowthof26.1% from the July 15th total of 2,300 shares. Currently,0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 6,900 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 6,900 shares, the short-interest ratio is presently 0.4 days. Currently,0.0% of the shares of the company are short sold.

OTC Markets Group Stock Performance

Shares of OTCM stock opened at $52.00 on Friday. The company has a market capitalization of $625.04 million, a price-to-earnings ratio of 22.51, a PEG ratio of 1.64 and a beta of 0.52. The company has a 50-day simple moving average of $55.80 and a 200 day simple moving average of $51.20. OTC Markets Group has a 52 week low of $44.20 and a 52 week high of $60.50.

OTC Markets Group (OTCMKTS:OTCM) last announced its earnings results on Wednesday, August 6th. The financial services provider reported $0.60 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.02). The company had revenue of $29.51 million for the quarter, compared to the consensus estimate of $29.78 million. OTC Markets Group had a return on equity of 69.14% and a net margin of 23.96%. Sell-side analysts forecast that OTC Markets Group will post 2.4 EPS for the current year.

OTC Markets Group Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a dividend yield of 144.0%. OTC Markets Group’s payout ratio is presently 31.17%.

About OTC Markets Group

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.