Short interest in Gain Capital (NYSE:GCAP) shares hits 22% of float.
2.4% dividend yield and P/E ratio of 16.8x.
FXCM shares traded down 13% on Thursday after the company reported its results for the third quarter. (And this on a day when the Dow Jones Industrial Average was up nearly 1%).
Gain Capital (Forex.com) announced its Q3 results late last week, confirming what we have seen from other firms such as FXCM and FxPro – trading volumes were way, way up during Q3, in the wake of tremendous volatility in both the FX and equity markets. However, Gain's Q3 report did include some surprises, including: