Investec Group (OTCMKTS:IVTJF – Get Free Report) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 74,556 shares, an increase of 898.5% from the July 30th total of 7,467 shares. Based on an average daily volume of 21 shares, the short-interest ratio is currently 3,550.3 days.
Investec Group Price Performance
Shares of IVTJF stock remained flat at $9.18 during mid-day trading on Thursday. Investec Group has a 1-year low of $7.95 and a 1-year high of $9.18. The business’s fifty day moving average price is $8.31 and its 200-day moving average price is $8.13.
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.
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