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

Investec Group (OTCMKTS:IVTJF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 962,100 shares, a growth of 50.1% from the October 15th total of 641,000 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 4,810.5 days.

Investec Group Stock Performance

Shares of IVTJF remained flat at $7.49 during trading hours on Friday. The stock’s 50-day moving average price is $6.88 and its 200 day moving average price is $6.73. Investec Group has a 12-month low of $7.49 and a 12-month high of $8.06.

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.