OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Down 33.3% in April

OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 200 shares, a drop of 33.3% from the April 15th total of 300 shares. Based on an average daily volume of 13,000 shares, the days-to-cover ratio is currently 0.0 days.

OTC Markets Group Stock Up 0.5 %

Shares of OTC Markets Group stock opened at $52.00 on Friday. OTC Markets Group has a 12-month low of $49.50 and a 12-month high of $64.99. The company has a market capitalization of $622.44 million, a price-to-earnings ratio of 23.11, a PEG ratio of 2.24 and a beta of 0.64. The firm's 50-day moving average price is $53.78 and its two-hundred day moving average price is $56.16.

OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last released its earnings results on Wednesday, March 6th. The financial services provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.07). OTC Markets Group had a return on equity of 72.05% and a net margin of 24.95%. The business had revenue of $27.61 million for the quarter, compared to the consensus estimate of $28.33 million. On average, sell-side analysts expect that OTC Markets Group will post 2.58 earnings per share for the current year.

OTC Markets Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be issued a dividend of $0.18 per share. The ex-dividend date is Wednesday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.38%. OTC Markets Group's dividend payout ratio (DPR) is presently 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.

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