Short Interest in Investec Group (OTCMKTS:IVTJF) Drops By 67.5%

Investec Group (OTCMKTS:IVTJF) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 12,629 shares, a decrease of 67.5% from the February 26th total of 38,875 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Investec Group Stock Performance

Shares of IVTJF remained flat at $7.49 during mid-day trading on Friday. Investec Group has a 52-week low of $7.08 and a 52-week high of $7.49. The stock’s 50-day moving average price is $7.49 and its 200 day moving average price is $7.39.

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.