Short Interest in TMX Group Limited (OTCMKTS:TMXXF) Rises By 41.1%

TMX Group Limited (OTCMKTS:TMXXFGet Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 291,800 shares, a growth of 41.1% from the April 30th total of 206,800 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 583.6 days.

OTCMKTS:TMXXF opened at $107.20 on Monday. TMX Group has a 52-week low of $95.32 and a 52-week high of $116.38. The business’s fifty day moving average is $103.07 and its 200 day moving average is $101.69.

A number of brokerages recently commented on TMXXF. Scotiabank lifted their price target on TMX Group from C$148.00 to C$152.00 in a report on Wednesday, May 4th. TD Securities lifted their price target on TMX Group from C$155.00 to C$160.00 in a report on Wednesday, May 4th. Royal Bank of Canada boosted their target price on TMX Group from C$163.00 to C$165.00 in a research note on Tuesday, May 3rd. Finally, National Bank Financial boosted their target price on TMX Group from C$139.00 to C$141.00 in a research note on Tuesday, May 3rd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, TMX Group currently has an average rating of “Hold” and a consensus price target of $153.29.

About TMX Group (Get Rating)

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing.

Featured Articles

Receive News & Ratings for TMX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TMX Group and related companies with MarketBeat.com's FREE daily email newsletter.