Short Interest in Molten Ventures (OTCMKTS:GRWXF) Declines By 77.7%

Molten Ventures (OTCMKTS:GRWXF) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 2,329 shares, a decrease of 77.7% from the June 15th total of 10,462 shares. Based on an average daily volume of 660 shares, the days-to-cover ratio is presently 3.5 days.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas Exane started coverage on Molten Ventures in a research report on Monday, April 27th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Molten Ventures Price Performance

OTCMKTS GRWXF remained flat at $7.95 during midday trading on Monday. The stock’s fifty day simple moving average is $8.01 and its 200 day simple moving average is $7.08. Molten Ventures has a fifty-two week low of $4.25 and a fifty-two week high of $8.62.

Molten Ventures Company Profile

Molten Ventures plc (OTCMKTS:GRWXF) is a London-based venture capital and growth equity firm specializing in technology investments across Europe. The company partners with early-stage and growth-stage enterprises, providing capital, strategic guidance and access to its global network of industry experts. Its investment focus spans software, fintech, healthtech, deep tech and consumer technology sectors, where it seeks to back teams with disruptive business models and high growth potential.

Since its founding in 2006—originally operating as Draper Esprit and rebranded to Molten Ventures in mid-2021—the firm has managed multiple EUR-denominated funds and participated in a broad range of financing rounds from seed through later-stage.