Ninety One Group (OTCMKTS:NINTF) Stock Short Interest Report for September

Ninety One Group (OTCMKTS:NINTF) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,622 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Ninety One Group Stock Performance

Ninety One Group stock opened at C$2.60 on Friday. The stock has a fifty day moving average price of C$2.60 and a two-hundred day moving average price of C$2.83. Ninety One Group has a 52-week low of C$2.60 and a 52-week high of C$3.50.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Ninety One Group in a research note on Friday, July 3rd. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Ninety One Group currently has a consensus rating of “Hold”.

Ninety One Group Company Profile

Ninety One Group plc is a global investment management firm that provides investment solutions to institutional investors, financial advisers, wealth managers and private clients. The company manages active investment strategies across public and private markets, with a focus on helping clients meet long-term investment objectives.

Its products and services include equity, fixed-income and multi-asset strategies, as well as alternatives and other specialist investment solutions. Ninety One offers strategies covering global and emerging markets, including portfolios focused on equities, credit, infrastructure, natural resources and sustainable investing.

The company was established in South Africa in 1991 as Investec Asset Management and became an independently listed business in 2020 following its demerger from Investec.