StoneX Group Inc. (NASDAQ:SNEX – Get Free Report) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 242,000 shares, a decrease of 40.1% from the October 15th total of 403,700 shares. Based on an average trading volume of 127,700 shares, the days-to-cover ratio is currently 1.9 days.
StoneX Group Stock Down 1.0 %
StoneX Group stock opened at $97.77 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.64 and a quick ratio of 1.20. StoneX Group has a fifty-two week low of $59.07 and a fifty-two week high of $101.61. The firm has a fifty day moving average price of $85.24 and a two-hundred day moving average price of $79.61. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 13.55 and a beta of 0.75.
Insider Activity
In related news, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $98.42, for a total value of $3,690,750.00. Following the transaction, the chief executive officer now directly owns 506,994 shares of the company’s stock, valued at approximately $49,898,349.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 16.24% of the stock is currently owned by insiders.
Hedge Funds Weigh In On StoneX Group
StoneX Group Company Profile
StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.
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