Short Interest in Investec Group (OTCMKTS:IVTJF) Increases By 898.5%

by · The Markets Daily

Investec Group (OTCMKTS:IVTJF – Get Free Report) saw 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 trading volume of 21 shares, the days-to-cover ratio is currently 3,550.3 days.

Investec Group Trading Up 3.1%

IVTJF stock traded up $0.28 during midday trading on Wednesday, reaching $9.18. Investec Group has a one year low of $7.95 and a one year high of $9.18. The firm’s 50-day simple moving average is $8.30 and its two-hundred day simple moving average is $8.12.

Investec Group Company Profile

(Get Free Report)

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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