Investec Group (OTCMKTS:IVTJF – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 8,469 shares, an increase of 159.9% from the June 30th total of 3,259 shares. Based on an average trading volume of 745 shares, the short-interest ratio is currently 11.4 days.
Investec Group Price Performance
Shares of IVTJF remained flat at $7.95 during mid-day trading on Tuesday. The business has a 50-day moving average of $8.35 and a 200 day moving average of $7.97. Investec Group has a 12 month low of $7.95 and a 12 month 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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