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

OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 600 shares, a drop of 25.0% from the August 31st total of 800 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is presently 0.1 days.

OTC Markets Group Stock Performance

Shares of OTCMKTS:OTCM traded up $0.20 during midday trading on Friday, hitting $47.20. 2,855 shares of the company's stock traded hands, compared to its average volume of 4,844. OTC Markets Group has a twelve month low of $45.00 and a twelve month high of $62.00. The company has a market cap of $565.46 million, a PE ratio of 20.89, a P/E/G ratio of 2.22 and a beta of 0.54. The firm's fifty day moving average price is $47.92 and its two-hundred day moving average price is $50.37.

OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last issued its earnings results on Wednesday, August 7th. The financial services provider reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.10). The company had revenue of $27.56 million during the quarter, compared to analysts' expectations of $28.06 million. OTC Markets Group had a return on equity of 71.64% and a net margin of 24.67%. As a group, equities research analysts anticipate that OTC Markets Group will post 2.36 EPS for the current fiscal year.

OTC Markets Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.53%. The ex-dividend date was Thursday, September 5th. OTC Markets Group's dividend payout ratio (DPR) is 32.00%.

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.