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

Investec Group (OTCMKTS:IVTJF) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 38,875 shares, an increase of 354.4% from the February 12th total of 8,555 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Investec Group Stock Performance

OTCMKTS IVTJF remained flat at $7.49 on Thursday. Investec Group has a 1 year low of $7.08 and a 1 year high of $7.49. The stock’s 50 day moving average is $7.49 and its 200 day moving average is $7.37.

About Investec Group

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.