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

Investec Group (OTCMKTS:IVTJF) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 8,555 shares, a drop of 26.8% from the January 29th total of 11,695 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Investec Group Stock Performance

Shares of OTCMKTS:IVTJF opened at $7.49 on Wednesday. Investec Group has a twelve month low of $7.08 and a twelve month high of $7.49. The business has a 50 day moving average price of $7.49 and a 200 day moving average price of $7.36.

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.