OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Update

OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,300 shares, a decline of 63.9% from the November 30th total of 3,600 shares. Based on an average daily volume of 14,500 shares, the days-to-cover ratio is presently 0.1 days.

OTC Markets Group Price Performance

OTCM stock traded down $0.69 on Thursday, reaching $51.54. The company's stock had a trading volume of 1,240 shares, compared to its average volume of 5,384. OTC Markets Group has a 52 week low of $45.00 and a 52 week high of $60.16. The company has a market capitalization of $617.35 million, a P/E ratio of 23.01, a price-to-earnings-growth ratio of 2.48 and a beta of 0.54. The firm has a fifty day moving average of $52.11 and a two-hundred day moving average of $49.65.

OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. The company had revenue of $27.39 million for the quarter, compared to the consensus estimate of $27.07 million. OTC Markets Group had a net margin of 24.63% and a return on equity of 70.24%. As a group, equities analysts expect that OTC Markets Group will post 2.4 EPS for the current fiscal year.

OTC Markets Group Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Friday, November 22nd were given a dividend of $1.50 per share. The ex-dividend date was Thursday, November 21st. This represents a dividend yield of 11.17%. OTC Markets Group's dividend payout ratio (DPR) is 32.14%.

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.