EQS-News

The OTCQB Venture Market Records 4 Months Of Consecutive Volume Increases In OTC Market Group’s Most-Active List In October

EQS-News: OTC Markets The OTCQB Venture Market Records 4 Months Of Consecutive Volume Increases In OTC Market Group’s Most-Active List In October 15.11.2022 / 14:15 CET/CEST The issuer is solely responsible for the content of this announcement. The SPDR S&P 500 ETF Trust (NYSEARCA: SPY) increased by 8.13% in October — its second-largest monthly increase in 2022. The Fidelity NASDAQ Composite Index ETF (NASDAQ: ONEQ) and the SPDR Dow Jones Industrial Average (DJA) ETF (NYSEARCA: DIA) mirrored this downward trend, showing monthly increases in October of 4.03% and 13.96%, respectively.

The DJA’s uncharacteristic strength in this market seems to suggest that value stocks, a traditionally safer set of securities, seem to be favored by investors. The oil, biotechnology and finance sectors seem to be demonstrating some strength.

As investor trepidations simmered with another Federal Reserve-sponsored rate hike, OTC Markets Group Inc.’s (OTCQX: OTCM) regulated markets experienced a slight decrease in total monthly volume, recording $37.2 billion in October compared to $39.5 billion in September.

A Dive Into The OTCQX Best Market’s Most-Active List

The OTCQX Best Market recorded $6.7 billion in trading volume in October, a slight decrease over the $7.3 billion in trading volume in September.

For the first time in months, the top three contenders on the OTCQX’s Most-Active list remain unchanged from the prior month. Roche Holding AG (OTCQX: RHHBY), Grayscale Bitcoin Trust (OTCQX: GBTC) and Grayscale Ethereum Trust (OTCQX: ETHE) remain in the first-, second- and third-most-traded positions.

The remaining constituents in OTCQX’s top 10 most-active securities experienced a slight reshuffle in October, welcoming both new and familiar faces in Royal DSM NV (OTCQX: RDSMY) and Anglo American PLC (OTCQX: NGLOY). The two newcomers displace Danone S.A. (OTCQX: DANOY) and Akzo Nobel N.V. (OTCQX: AKZOY) in the top 10 most-active securities list.

Other notable movers:

• Green Thumb Industries Inc. (OTCQX: GTBIF) claimed the 13thspot on the OTCQX’s Most Active list, experiencing a 211% increase in trading volume.