Short Interest in Molten Ventures (OTCMKTS:GRWXF) Grows By 141.1%

Molten Ventures (OTCMKTS:GRWXF) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 11,981 shares, an increase of 141.1% from the January 29th total of 4,970 shares. Based on an average daily trading volume, of 2,288 shares, the days-to-cover ratio is currently 5.2 days. Based on an average daily trading volume, of 2,288 shares, the days-to-cover ratio is currently 5.2 days.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Molten Ventures to an “overweight” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Molten Ventures presently has an average rating of “Buy”.

Molten Ventures Stock Performance

GRWXF opened at $6.40 on Friday. The business has a 50 day moving average price of $6.71 and a 200 day moving average price of $5.91. Molten Ventures has a twelve month low of $3.60 and a twelve month high of $7.00.

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.