OFX Group Limited (OTCMKTS:OZFRY) Sees Large Decline in Short Interest
by Mitch Edgeman · The Markets DailyOFX Group Limited (OTCMKTS:OZFRY – Get Free Report) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 255 shares, a decrease of 97.9% from the November 30th total of 11,988 shares. Based on an average daily volume of 13,038 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 13,038 shares, the short-interest ratio is presently 0.0 days.
OFX Group Price Performance
Shares of OZFRY traded up $0.06 during midday trading on Wednesday, reaching $1.64. The stock had a trading volume of 250 shares, compared to its average volume of 3,115. The company’s fifty day simple moving average is $2.02 and its two-hundred day simple moving average is $2.38. OFX Group has a 1-year low of $1.58 and a 1-year high of $3.65.
About OFX Group
OFX Group is a global provider of online foreign exchange and international payment services. The company operates a digital platform that enables individuals, small businesses, and larger institutions to send and receive money across borders at competitive exchange rates. Its core offering includes spot and forward currency contracts, risk management tools, and multi-currency accounts designed to streamline cross-border transactions.
Originally founded in Sydney in 1998 under the name OzForex, OFX Group has grown through organic expansion and acquisitions to establish a presence in major financial markets.