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

Investec Group (OTCMKTS:IVTJFGet Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 8,469 shares, a growth of 159.9% from the June 30th total of 3,259 shares. Based on an average daily trading volume, of 745 shares, the days-to-cover ratio is presently 11.4 days.

Investec Group Stock Performance

IVTJF opened at $7.95 on Monday. The stock’s 50 day moving average price is $8.36 and its 200 day moving average price is $7.97. Investec Group has a 12 month low of $7.95 and a 12 month high of $8.59.

About Investec Group

(Get Free Report)

Investec Group is an Anglo-South African specialist banking and asset management firm that provides a range of financial products and services to private clients, corporates and institutional investors. The company operates through two primary divisions—Private Banking & Wealth Management and Investment & Treasury—and is dual-listed on the London and Johannesburg stock exchanges.

Within Private Banking & Wealth Management, Investec offers bespoke solutions such as lending, deposit taking, foreign exchange, trust and fiduciary services, and tailored wealth planning.

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