OTCQB Venture Capital Market Records 4 Months of Consecutive Volume Increases in October’s Most Active OTC Market Group List – Creatd (OTC:CRTD), Akzo Nobel (OTC:AKZOY)

The SPDR S&P 500 ETF Trust TO SPY increase by 8.13% in October — its second largest monthly increase in 2022. Fidelity NASDAQ Composite Index ETF ONEQ and the SPDR Dow Jones Industrial Average (ADI) ETF IAD mirrored this downward trend, posting monthly increases in October of 4.03% and 13.96%, respectively.

The unusual strength of the ADI in this market seems to suggest that value stocks, a traditionally safer set of securities, appear to be favored by investors. The oil, biotech and financials sectors appear to be showing some strength.

As investor concerns simmered with another Federal Reserve-sponsored rate hike, OTC Markets Group Inc.it is OTCM Regulated Markets saw a slight decline in total monthly volume, registering $37.2 billion in October compared to $39.5 billion in September.

A dive into the most active list of the best OTCQX market

Top marketplace OTCQX saw $6.7 billion in trading volume in October, down slightly from $7.3 billion in trading volume in October. September.

For the first time in months, the top three contenders on the OTCQX’s most active list remain unchanged from the previous month. Roche Holding SA RHBY, Grayscale Bitcoin Trust GBTC and Ethereum trust in grayscale ETHE remain in the first, second and third most traded positions.

The remaining components of OTCQX’s top 10 most active titles got a slight revamp in October, welcoming both new and familiar faces to Royal DSM SA RDSMY and Anglo American PLC NGLOY. The two newcomers move Danone S.A. DANOI and Akzo Nobel SA AKZOY in the list of the 10 most active titles.

Other notable movers:

  • Green Thumb Industries Inc. GTBIF earned 13th place on the OTCQX Most Active list, recording a 211% increase in trading volume.
  • Curaleaf Holdings Inc. CURVE won 21st place on the OTCQX’s most active list, recording a 132% increase in trading volume.
  • Verano Holdings Corp. VRNOF won 25th place on OTCQX’s most active list, recording a 128% increase in trading volume.

The OTCQB venture capital market: 4 months of volume increases

The OTCQB Venture Market recorded $739 million in October, an increase from the trading volume of $642.6 million recorded in September. In fact, trading volume on the OTCQB Venture market has been increasing on a monthly basis since at least July.

Like the OTCQX Best Market, the OTCQB Venture Market’s Top 10 list for the month saw new entries. Specifically, Lake NL Resources LLKKF, Stemtech Corp. STEK and Get to know Labs Inc. KNOWN gives way to GPO PLUS INC. GPOX, Creat Inc. CRTD and Evofem Biosciences Inc. FVFM.

The three new titles are aimed at different market segments. GPO Plus, for example, specializes in group purchasing organizations. Creatd provides economic opportunities for creators through technology and partnerships, and Evofem Biosciences is working on a hormone-free contraceptive.

Another notable engine is Nextech AR Solutions Corp. NEXCFwho climbed to 25th place on the most active list and saw a $1.3 million increase in trading volume compared to last month.

Top 10 OTCQX and OTCQB

Below are the 10 most actively traded stocks on the OTCQX Best Market and OTCQB Venture Market in October.

Top 10 OTCQX:














Company Name

Symbol

October dollar volume

Roche Holding Ltd.

RHBY

$1,037,984,026

Grayscale Bitcoin Trust (BTC)

GBTC

$746,362,949

Grayscale Ethereum Trust (ETH)

ETHE

$481,423,529

adidas S.A.

ADDYY

$405,479,500

Royal DSM SA

RDSMY

$266,863,973

BNP Paribas

BNPQY

$253,313,433

Deutsche Telekom AG

DTEGY

$219,756,826

Infineon Technologies SA

IFNNY

$199,919,697

Anglo American plc

NGLOY

$185,680,509

Computer Services Inc.

CSVI

$176,801,020

OTCQB Top 10:














Company Name

Symbol

September dollar volume

Global Technology Industries Group Inc.

WG II

$321,980,443

American Battery Technology Co.

ABML

$31,309,136

Netlist Inc.

NLST

$26,785,498

Northwest Biotherapeutics Inc.

NWBO

$15,828,840

GPO PLUS INC.

GPOX

$14,444,008

Fannie Mae

FNMA

$12,739,068

Created Inc.

CRTD

$10,882,484

CytoDyn Inc.

CYDY

$9,010,050

Freddie Mac

FMCC

$7,943,889

Evofem Biosciences Inc.

EVFM

$7,204,630

Photo presented by Joshua Woronecki on Unsplash

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