These OTC Securities Had The Most Trading Activity In March

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

In March, OTC Markets trading was still heavily influenced by crypto and cannabis, but had some interesting trends and outliers in the mix.

During the month of March, total dollar volume from OTCQX, OTCQB, and Pink markets reached just over $75 billion, a decrease of about 8.5% from February.

Grayscale Bitcoin Trust GBTC still reigned supreme, but its volume had fallen by over $1.4 billion compared to February, and Grayscale Ethereum Trust ETHE volume had fallen by almost $1 billion, and was overtaken by Roche Holdings Ltd RHHBY for the number two slot.

Adidas And Anglo Jump In

With a 172% increase in dollar trading volume, Adidas AG ADS flew back to the number eight position in the OTCQX and was closely followed at number nine by Anglo American AAL which clocked a 224% increase in volume.

Cannabis still had a strong showing, but all remaining in the top 10 of the OTCQX was down in volume other than Green Thumb Industries GTBIF with a 20% increase in volume.

Air Canada GTBIF and Argo Blockchain PLC ARB both had very strong increases in volume as well, at 201% and 209% respectively.

BIGG Digital Assets Inc. BBKCF, a crypto and blockchain company with compliance and regulatory focuses was a significant outlier whose trading volume rocketed into the number 15 position on the OTCQX, with an increase of a whopping 1,368%.

Tesco PLC TSCDY also showed a massive increase of 825% in volume to claim the number 30 position and round out the top 30 by volume in the OTCQX.

OTCQB

In the OTCQB Venture Market - Voyager Digital Ltd. VYGVF took the number one most actively traded position - possibly powered by their commission-free crypto trades and high-interest stablecoin opportunities, gaining more headlines and traction from investors.
Other standouts in the OTCQB Market include: Netlist, Inc. NLST, Currencyworks Inc CWRK, Hello Pal International Inc. HLLPF, Cielo Waste Solutions Corp CMC, Investview Inc INVU, Global Tech Industries Group, Inc GTII, and Ecoark Holdings, Inc. ZEST, - all with triple-digit increases in dollar trading volume.

ImagineAR, Inc IP, an augmented reality services and solutions company was another significant outlier with a very large increase in volume.

Below are the top 10 most actively traded securities on the OTCQX and OTCQB markets in March:

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.