Investec Group (OTCMKTS:IVTJF – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 8,469 shares, a growth of 159.9% from the June 30th total of 3,259 shares. Based on an average daily volume of 745 shares, the days-to-cover ratio is presently 11.4 days.
Investec Group Stock Performance
IVTJF stock remained flat at $7.95 during trading on Wednesday. The company has a 50 day moving average price of $8.33 and a 200 day moving average price of $7.97. Investec Group has a 52-week low of $7.95 and a 52-week high of $8.59.
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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