Short Interest in Molten Ventures (OTCMKTS:GRWXF) Declines By 41.0%

Molten Ventures (OTCMKTS:GRWXF) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 7,063 shares, a decrease of 41.0% from the February 12th total of 11,981 shares. Based on an average daily volume of 222 shares, the days-to-cover ratio is presently 31.8 days. Based on an average daily volume of 222 shares, the days-to-cover ratio is presently 31.8 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 investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Molten Ventures Price Performance

OTCMKTS GRWXF opened at $6.00 on Friday. The stock’s 50 day moving average is $6.58 and its 200 day moving average is $5.99. Molten Ventures has a 12 month low of $3.60 and a 12 month high of $7.00.

Molten Ventures Company Profile

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.