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

Investec Group (OTCMKTS:IVTJF) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 12,629 shares, a decrease of 67.5% from the February 26th total of 38,875 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Investec Group Price Performance

Shares of OTCMKTS IVTJF opened at $7.49 on Thursday. Investec Group has a 1-year low of $7.08 and a 1-year high of $7.49. The company has a 50-day moving average of $7.49 and a two-hundred day moving average of $7.39.

Investec Group Company Profile

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.