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

OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,200 shares, an increase of 300.0% from the March 31st total of 300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 12,500 shares, the short-interest ratio is currently 0.1 days.

OTC Markets Group Stock Performance

OTCMKTS:OTCM traded up $0.43 during mid-day trading on Friday, hitting $46.94. 1,108 shares of the company's stock traded hands, compared to its average volume of 4,540. The company has a market cap of $563.86 million, a PE ratio of 20.95, a price-to-earnings-growth ratio of 2.17 and a beta of 0.46. The firm's 50 day simple moving average is $47.72 and its 200 day simple moving average is $50.48. OTC Markets Group has a 1 year low of $44.20 and a 1 year high of $55.24.

OTC Markets Group Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $0.72 annualized dividend and a dividend yield of 1.53%. OTC Markets Group's dividend payout ratio is currently 31.86%.

OTC Markets Group Company Profile

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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