CMC Markets plc (OTCMKTS:CCMMF) Sees Significant Growth in Short Interest

CMC Markets plc (OTCMKTS:CCMMF) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 3,100 shares, a growth of 675.0% from the March 15th total of 400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

CMC Markets Stock Performance

Shares of CCMMF remained flat at $2.59 during midday trading on Wednesday. The business’s 50-day moving average price is $2.59 and its 200 day moving average price is $2.59. CMC Markets has a 12-month low of $2.59 and a 12-month high of $2.59.

CMC Markets Company Profile

CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in Australia, the United Kingdom, and internationally. The company provides its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, indices, foreign currencies, commodities, and treasuries through its trading platform.