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The OTC Markets' Most Active Securities Welcomes New Names And Experiences A Reshuffle In April

Published 13/05/2022, 16:43
© Reuters.  The OTC Markets' Most Active Securities Welcomes New Names And Experiences A Reshuffle In April
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First-quarter 2022 market performance results seem arguably clear: bears are currently happy with the world’s financial markets.

Exchange-traded funds (ETFs) that track major indices tell this story with relative clarity. SPDR S&P 500 Exchange Traded Fund (NYSE Arca: SPY (NYSE:SPY)), the Fidelity Nasdaq Composite Index ETF (NASDAQ: ONEQ) and the SPDR Dow Jones Industrial Average ETF (NYSE Arca: NYSE:DIA) all experienced drawbacks in April.

Germany’s Global X DAX ETF (NASDAQ: DAX), Japan’s iShares MSCI Index Fund (NYSE: EWJ) and Australia’s iShares MSCI Index Fund (NYSE: EWA) mirrored the U.S.’s ETF trend, experiencing similar price declines.

On a macro level, the Federal Reserve’s decision to impose multiple federal rate hikes and the war between Russia and Ukraine are often cited as some of the largest reasons that leave investors cautious for the remainder of the year.

OTC Markets Group Inc. (OTCQX: OTCM) was not immune to market influences in April. The operator of regulated markets reported a total monthly dollar volume of $40.6 billion, compared to $57.4 billion in March. Despite this reduction, the OTCQX Best Market and OTCQB Venture Market maintained a strong international presence and witnessed rising trading volume in select securities.

The OTCQX Best Market Most-Active Securities Welcomes New Faces The OTCQX Best Market recorded a total of $10.5 billion in trading volume in April, a slight decrease from March’s $12.4 billion figure.

The top three most-active securities on the OTCQX were Grayscale Bitcoin Trust (OTCQX: GBTC), Grayscale Ethereum Trust (OTCQX: ETHE) and Roche Holdings AG (OTCQX: RHHBY), the last of which rose from third-most-traded security in March to the first-most-traded in April.

The OTCQX’s top 10 most-active securities experienced a slight reshuffle in April, welcoming three new companies: ASM International N.V. (OTCQX: ASMIY), Anglo American (LON:AAL) plc (OTCQX: NGLOY) and Tesco (LON:TSCO) PLC (OTCQX: TSCDY).

On its rise to fourth place on OTCQX’s Most Active Securities list, ASM recorded a significant increase in trading volume compared to last month. The Netherlands-headquartered company specializes in the design, manufacturing, sales and service of semiconductor devices.

International operators, once again, maintain a strong presence on OTCQX composing 21 of the top 30 securities. France’s BNP Paribas (EPA:BNPP) S.A. (OTCQX: BNPQY) and Germany’s Infineon Technologies AG (OTCQX: IFNNY), adidas AG (OTCQX: ADDYY) and BASF SE (ETR:BASFN) (OTCQX: BASFY) were again on the OTCQX top 10 most active securities, while Ireland’s Experian plc (OTCQX: EXPGY) and South Africa’s Impala Platinum Holdings Ltd. (OTCQX: IMPUY) made it among April’s top 30 most active securities.

The OTCQB Venture Market Holds Steady Amid Market Uncertainty The OTCQB Venture Market recorded a total of $1.1 billion dollars in trading volume in April, a slight decrease from March’s $1.2 billion figure.

Nine of the 10 securities on March’s Top Most-Traded Securities on the OTCQB retained their spots on April’s list with Lithium Corp. (OTCQB: LTUM) representing the new face on the block.

The presence of international operators on the OTCQB Best Market was reinvigorated in April, with 17 internationals landing a spot among the top 30 most-traded securities, up from 13 in March. Of these 17 securities, 11 are Canadian, four are Australian, one is English and one is from Hong Kong.

Other notable movers:

Sprott Physical Uranium Trust Fund (OTCQB: SRUUF) retained its title as the most-traded security on OTCQB.

Lithium Corp. (OTCQB: LIACF) climbed to 10th place in the most-active group and recorded a $16.3 million rise in trading volume compared to last month.

Voxtur Analytics Corp. (OTCQB: VXTRF) experienced an $8.7 million increase in trading volume compared to March, climbing to 13th place on the OTCQB’s Top 30.

Sysorex Inc. (OTCQB: SYSX) recorded an $8.3 million increase in trading volume compared to March, climbing to 14th place on the OTCQB’s Top 30.

The OTCQX And OTCQB Top 10

Below are the top 10 most actively traded securities on the OTCQX Best Market and OTCQB Venture Market in April.

OTCQX Top 10:

Company Name

Symbol

April Dollar Volume

Roche Holding (SIX:ROG) Ltd.

RHHBY

$2,568,362,759

Grayscale Bitcoin Trust (BTC)

GBTC

$2,129,693,873

Grayscale Ethereum Trust (ETH)

ETHE

$1,408,802,906

ASM International N.V.

ASMIY

$381,942,111

BNP Paribas

BNPQY

$253,837,027

adidas AG

ADDYY

$230,799,211

Anglo American plc

NGLOY

$180,932,341

Tesco PLC

TSCDY

$174,185,722

Infineon Technologies AG

IFNNY

$153,365,066

BASF SE

BASFY

$149,759,441

OTCQB Top 10:

Company Name

Symbol

April Dollar Volume

Sprott Physical Uranium Trust

SRUUF

$105,514,973

American Battery Technology Co.

ABML

$75,013,310

Lake Resources N.L.

LLKKF

$39,864,281

Northwest Biotherapeutics Inc.

NWBO

$32,245,062

Netlist Inc.

NLST

$28,761,916

Fannie Mae

FNMA

$21,682,815

American Lithium Corp.

LIACF

$20,803,240

HUMBL Inc.

HMBL

$18,146,178

CytoDyn Inc.

CYDY

$18,145,417

Lithium Corp.

LTUM

$17,340,284

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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