OTC Markets Group Inc. (OTCMKTS:OTCM) Short Interest Down 44.4% in May

OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 500 shares, a decrease of 44.4% from the April 30th total of 900 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 10,900 shares, the days-to-cover ratio is currently 0.0 days.

OTC Markets Group Stock Down 1.1%

OTCM stock traded down $0.55 during mid-day trading on Friday, reaching $49.95. The company had a trading volume of 2,109 shares, compared to its average volume of 4,465. The stock has a market capitalization of $600.25 million, a P/E ratio of 22.30, a P/E/G ratio of 2.17 and a beta of 0.45. OTC Markets Group has a one year low of $44.20 and a one year high of $55.24. The stock's 50-day simple moving average is $47.74 and its two-hundred day simple moving average is $50.22.

OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by ($0.03). The company had revenue of $29.43 million during the quarter, compared to the consensus estimate of $27.96 million. OTC Markets Group had a net margin of 24.63% and a return on equity of 70.24%. On average, research analysts forecast that OTC Markets Group will post 2.4 EPS for the current fiscal year.

OTC Markets Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, June 5th will be issued a dividend of $0.18 per share. This represents a yield of 1.44%. The ex-dividend date of this dividend is Wednesday, June 4th. OTC Markets Group's payout ratio is currently 31.72%.

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.