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Interactive Brokers Group (NASDAQ:IBKR) will be announcing its Q214 earnings results on Tuesday, July 15th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $331.58 million for the quarter.

Interactive Brokers Group (NASDAQ:IBKR) opened at 23.09 on Monday. Interactive Brokers Group has a 52 week low of $15.90 and a 52 week high of $25.03. The stock has a 50-day moving average of $23.26 and a 200-day moving average of $22.69. The company has a market cap of $1.262 billion and a P/E ratio of 24.34. Interactive Brokers Group also saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 599,828 shares, a drop of 34.3% from the June 13th total of 913,054 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily volume of 453,553 shares, the days-to-cover ratio is currently 1.3 days.

IBKR has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Interactive Brokers Group from $26.00 to $27.00 in a research note on Friday. On the ratings front, analysts at Zacks downgraded shares of Interactive Brokers Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 9th. They now have a $24.50 price target on the stock. Finally, analysts at Zacks upgraded shares of Interactive Brokers Group from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 27th. They now have a $25.50 price target on the stock.

In other Interactive Brokers Group news, SVP Milan Galik sold 1,800 shares of Interactive Brokers Group stock on the open market in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $22.99, for a total value of $41,382.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.

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