OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 400 shares, a decline of 42.9% from the February 13th total of 700 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 13,000 shares, the short-interest ratio is currently 0.0 days.
OTC Markets Group Price Performance
OTCMKTS:OTCM traded down $0.30 during mid-day trading on Tuesday, hitting $46.70. 4,557 shares of the company's stock were exchanged, compared to its average volume of 4,546. OTC Markets Group has a one year low of $45.00 and a one year high of $55.50. The business has a fifty day moving average price of $51.37 and a 200 day moving average price of $50.76. The company has a market cap of $560.96 million, a PE ratio of 20.85, a P/E/G ratio of 2.17 and a beta of 0.54.
OTC Markets Group Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be paid a $0.18 dividend. The ex-dividend date is Monday, March 24th. This represents a $0.72 annualized dividend and a dividend yield of 1.54%. OTC Markets Group's dividend payout ratio is presently 31.86%.
About OTC Markets Group
(
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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.
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