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

Investec Group (OTCMKTS:IVTJF) saw 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 trading volume of 200 shares, the days-to-cover ratio is currently 4,810.5 days.

Investec Group Price Performance

OTCMKTS:IVTJF remained flat at $7.49 on Friday. Investec Group has a 1 year low of $7.49 and a 1 year high of $8.06. The business’s fifty day simple moving average is $6.88 and its 200-day simple moving average is $6.73.

About Investec Group

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.