OFX Group Limited (OTCMKTS:OZFRY) Short Interest Up 84.5% in January

OFX Group Limited (OTCMKTS:OZFRY) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 546 shares, an increase of 84.5% from the January 15th total of 296 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5.5 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5.5 days.

OFX Group Price Performance

OZFRY opened at $2.14 on Friday. The stock’s fifty day moving average is $1.70 and its 200-day moving average is $2.18. OFX Group has a one year low of $1.58 and a one year high of $3.65.

About OFX Group

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.