Short Interest in Investec Group (OTCMKTS:IVTJF) Expands By 68.3%

Investec Group (OTCMKTS:IVTJFGet Rating) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 156,500 shares, a growth of 68.3% from the April 15th total of 93,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Separately, The Goldman Sachs Group lowered Investec Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 12th.

Shares of IVTJF stock opened at $6.70 on Friday. Investec Group has a 52-week low of $4.61 and a 52-week high of $6.70. The stock has a 50 day moving average price of $6.43 and a 200 day moving average price of $5.68.

Investec Group Company Profile (Get Rating)

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, discretionary wealth management, financial planning, stockbroking/execution, pensions and retirement, and investment advisory services for private clients, charities, pension funds and trusts.

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