Investec Group (OTCMKTS:IVTJF) Sees Significant Growth in Short Interest

Investec Group (OTCMKTS:IVTJF) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 962,100 shares, an increase of 50.1% from the October 15th total of 641,000 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 4,810.5 days.

Investec Group Stock Performance

Shares of Investec Group stock remained flat at $7.49 during trading hours on Friday. The company’s 50-day moving average price is $6.88 and its 200 day moving average price is $6.73. Investec Group has a 12 month low of $7.49 and a 12 month high of $8.06.

Investec Group Company Profile

Investec Group provides various financial products and services in the United Kingdom, South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, wealth management, fund management, and custody related services; discretionary wealth management, financial planning, stockbroking, and investment advisory services for private clients, charities, and trusts.