Investec Group (OTCMKTS:ITCFY) Sees Significant Increase in Short Interest

Investec Group (OTCMKTS:ITCFY) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 200 shares, an increase of 100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days.

Investec Group Stock Performance

The firm’s 50 day moving average price is $14.36 and its two-hundred day moving average price is $13.69. Investec Group has a 52-week low of $12.59 and a 52-week high of $16.15.

Investec Group Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, September 23rd. Stockholders of record on Friday, August 23rd will be given a $0.3414 dividend. This is a positive change from Investec Group’s previous dividend of $0.27. The ex-dividend date of this dividend is Friday, August 23rd. Investec Group’s dividend payout ratio (DPR) is 6.20%.

Investec Group Company Profile

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.