OTC Markets, US67106F1084

OTC Markets, US67106F1084

13.09.2022 - 14:03:12

A Quick Look at the OTC Markets' Most-Active Securities In August - Here?s What You Need to Know

? that the Federal Reserve will hike rates yet again in September, and the fact that global economies are experiencing growing inflationary pressures, investor sentiment appears to have altered course in August when compared to July. While some warn that the U.S. may be heading into a prolonged recession, others report that recent macroeconomic data ? like a 3.7% unemployment rate ? do not support this argument.

Even as ambiguity surrounds the market?s future movements, OTC Markets Group Inc.?s (OTCQX: OTCM) regulated markets experienced a slight increase in total monthly volume in August, recording $39.3 billion in trades for the month compared to $37.3 billion in July. Additionally, two Ethereum-based securities found themselves in improved positions on the OTCQX Best Market?s Most Active list.

Finally, a number of new securities have emerged on the OTCQX Best Market and OTCQB Venture Market, which could potentially be of interest to investors despite the relatively bearish sentiment experienced throughout the month and year so far. Both the OTCQX Best Market and the OTCQB Venture Market maintained a significant international presence in August, with over half of the top most-traded securities across both markets being composed of international operators.

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

The OTCQX Best Market recorded $7 billion in trades in August, a figure that has been relatively unchanged since July.

Grayscale Ethereum Trust (OTCQX: ETHE) rose to the top of OTCQX Best Market?s most-active list, while steadfast performers Roche Holding AG (OTCQX: RHHBY) and Grayscale Bitcoin Trust (OTCQX: GBTC) slotted in as the second and third most-traded securities.

Additionally, OTCQX?s top 10 most-active securities experienced a slight reshuffle in August, welcoming Imperial Brands PLC (OTCQX: IMBBY), a multinational tobacco company, and Computer Services Inc. (OTCQX: CSVI). The two displace Danone S.A. (OTCQX: DANOY) and Zurich Insurance Group Ltd. (OTCQX: ZURVY), two usuals in the OTCQX?s Top 10 Most Active list.

Despite poor market conditions around the globe, the OTCQX Best Market has managed to maintain its hold on a number of industries, as demonstrated by the constituents of its Most Active list. Below are some of the companies on the list along with their relevant specialties:

Infineon Technologies AG (OTCQX: IFNNY): Semiconductor solutions.

BASF SE (OTCQX: BASFY) (OTCQX: BFFAF): Chemical manufacturing.

Grayscale Bitcoin Trust (OTCQX: GBTC): Digital currency investment product

Trulieve Cannabis Corp. (OTCQX: TCNNF): Cannabis sales and cultivation.

Heineken N.V. (OTCQX: HEINY): Alcohol manufacturing and distribution.

Of the 30 securities on the Most Active list, 22 were international operators. Some of these were new faces like the United Kingdom?s Imperial Brands and Canada?s Reconnaissance Energy Africa Ltd. (OTCQX: RECAF), while some regulars like Germany?s Adidas AG (OTCQX: ADDYY) and the United Kingdom?s Anglo American PLC (OTCQX: NGLOY) were also present.

Other notable volume movers:

Grayscale Ethereum Classic Trust (OTCQX: ETCG) claimed the 23rd spot on the OTCQX?s Most Active list, experiencing a 112% increase in trading volume.

The OTCQB Venture Market Experiences A Reshuffle In August

The OTCQB Venture Market recorded $601 million in trades in August, an increase from July?s $463 million figure.

Like the OTCQX Best Market, the OTCQB Venture Market?s Top 10 Most Active list saw two new entries. Specifically, American Lithium Corp. (OTCQB: LIACF) and Todos Medical Ltd. (OTCQB: TOMDF) made their way into the top 10.

Similar to July, the OTCQB Venture Market witnessed a number of novelties in August. In addition to two new companies on the Top 10 Most Active list, the second, third and fourth most-active securities also changed. Computer memory subsystems specialist Netlist Inc. (OTCQB: NLST), mortgage financiers Federal Home Loan Mortgage Corp. (Freddie Mac) (OTCQB: FMCC), and Federal National Mortgage Association (Fannie Mae) (OTCQB: FNMA) made way for Stemtech Corp. (OTCQB: STEK), Northwest Biotherapeutics Inc. (OTCQB: NWBO) and American Battery Technology Co. (OTCQB: ABML).

Thirteen international securities landed a spot on the OTCQB Venture Market?s Most Active list. Of these, four are Australian, six are Canadian, one is Israeli, one is South African and one is from Hong Kong.

Other notable movers:

Snowline Gold Corp. (OTCQB: SNWGF) climbed to 12th place on the Most Active list and recorded an $8.6 million rise in trading volume compared to last month.

Hugoton Royalty Trust (OTCQB: HGTXU) climbed to 13th place in the Most Active list and recorded an $8.5 million rise in trading volume compared to last month.

DSG Global Inc. (OTCQB: DSGT) climbed to 17th place on the Most Active list and recorded a $5.5 million rise in trading volume compared to last month.

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 August.

OTCQX Top 10:

Company Name

Symbol

August Dollar Volume

Grayscale Ethereum Trust (ETH)

ETHE

$

1,114,134,926

Roche Holding Ltd.

RHHBY

$

935,026,316

Grayscale Bitcoin Trust (BTC)

GBTC

$

921,411,988

adidas AG

ADDYY

$

302,833,956

Computer Services Inc.

CSVI

$

292,875,479

BNP Paribas

BNPQY

$

291,431,930

Anglo American plc

NGLOY

$

195,164,216

Infineon Technologies AG

IFNNY

$

168,045,608

Imperial Brands PLC

IMBBY

$

167,522,020

BASF SE

BASFY

$

153,897,600

OTCQB Top 10:

Company Name

Symbol

August Dollar Volume

CytoDyn Inc.

CYDY

$

64,363,191

Stemtech Corp.

STEK

$

49,237,636

Northwest Biotherapeutics Inc.

NWBO

$

25,610,301

American Battery Technology Co.

ABML

$

21,298,838

Netlist Inc.

NLST

$

17,770,131

Fannie Mae

FNMA

$

17,430,475

Lake Resources N.L.

LLKKF

$

14,688,357

American Lithium Corp.

LIACF

$

14,031,588

Freddie Mac

FMCC

$

13,769,993

Todos Medical Ltd.

TOMDF

$

13,610,935

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX? Best Market, OTCQB? Venture Market and Pink? Open Market. Our OTC Link? Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

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