OFX Group Limited (OTCMKTS:OZFRY) Short Interest Down 73.2% in April

OFX Group Limited (OTCMKTS:OZFRY) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 227 shares, a drop of 73.2% from the March 31st total of 846 shares. Based on an average daily volume of 2,756 shares, the days-to-cover ratio is presently 0.1 days.

OFX Group Stock Performance

Shares of OZFRY stock opened at $2.00 on Friday. The company’s fifty day moving average price is $2.05 and its two-hundred day moving average price is $1.98. OFX Group has a 12 month low of $1.58 and a 12 month high of $2.99.

OFX Group Company Profile

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.