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

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

Investec Group Price Performance

Shares of IVTJF stock remained flat at $7.49 during trading hours on Friday. Investec Group has a one year low of $7.49 and a one year high of $8.06. The company’s 50-day simple moving average is $6.88 and its two-hundred day simple moving average is $6.73.

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.