Short Interest in Investec Group (OTCMKTS:IVTJF) Decreases By 89.9%

Investec Group (OTCMKTS:IVTJF) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 3,262 shares, a decrease of 89.9% from the November 30th total of 32,322 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Investec Group Price Performance

IVTJF stock traded up $0.41 during midday trading on Friday, hitting $7.49. 129 shares of the company’s stock were exchanged, compared to its average volume of 115. The firm has a 50 day moving average price of $7.28 and a 200-day moving average price of $7.27. Investec Group has a 12-month low of $7.08 and a 12-month high of $7.49.

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.