Ninety One Group (OTCMKTS:NINTF) Sees Large Growth in Short Interest
by Amy Steele · The Cerbat GemNinety One Group (OTCMKTS:NINTF – Get Free Report) was the recipient of a large growth in short interest in 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 currently ∞ days.
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 equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Report on Ninety One Group
Ninety One Group Stock Performance
OTCMKTS NINTF opened at C$2.60 on Thursday. The firm’s 50 day moving average price is C$2.60 and its two-hundred day moving average price is C$2.84. Ninety One Group has a twelve month low of C$2.60 and a twelve month high of C$3.50.
Ninety One Group Company Profile
Ninety One Group is a global investment manager that provides active investment strategies and related services to institutions, financial advisers, wealth managers and private clients. The company manages portfolios across equities, fixed income, multi-asset investments and alternative strategies, with offerings designed for a range of investment objectives and risk profiles.
The company was established in 1991 as Investec Asset Management, originally operating as the asset-management business of Investec.