OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Down 25.0% in March

OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 300 shares, a decline of 25.0% from the February 28th total of 400 shares. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's stock are sold short.

OTC Markets Group Stock Down 0.2 %

Shares of OTCM stock traded down $0.08 during mid-day trading on Thursday, reaching $46.92. 2,592 shares of the company's stock traded hands, compared to its average volume of 4,437. The company's 50-day moving average price is $49.95 and its 200-day moving average price is $50.67. The company has a market cap of $563.65 million, a P/E ratio of 20.95, a P/E/G ratio of 2.17 and a beta of 0.54. OTC Markets Group has a 12 month low of $45.00 and a 12 month high of $55.24.

OTC Markets Group Cuts Dividend

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