OFX Group Limited (OTCMKTS:OZFRY) Short Interest Up 484.1% in April

OFX Group Limited (OTCMKTS:OZFRY) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,326 shares, a growth of 484.1% from the April 15th total of 227 shares. Based on an average daily volume of 236 shares, the short-interest ratio is currently 5.6 days.

OFX Group Price Performance

OTCMKTS:OZFRY traded up $0.05 during mid-day trading on Tuesday, hitting $2.10. 2,500 shares of the company’s stock traded hands, compared to its average volume of 1,373. OFX Group has a 12 month low of $1.58 and a 12 month high of $2.99. The firm has a 50 day moving average of $2.04 and a two-hundred day moving average of $1.93.

OFX Group Company Profile

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.