Short Interest in Investec Group (OTCMKTS:ITCFY) Grows By 33.3%

Investec Group (OTCMKTS:ITCFY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 400 shares, a growth of 33.3% from the September 15th total of 300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 4.0 days.

Investec Group Price Performance

ITCFY remained flat at $16.70 on Tuesday. The company had a trading volume of 2 shares, compared to its average volume of 167. Investec Group has a 1 year low of $12.59 and a 1 year high of $16.85. The business has a 50 day moving average of $16.03 and a two-hundred day moving average of $14.61.

Investec Group Increases Dividend

The company also recently declared a dividend, which was paid on Monday, September 23rd. Investors of record on Friday, August 23rd were paid a dividend of $0.3414 per share. This is a positive change from Investec Group’s previous dividend of $0.27. The ex-dividend date was Friday, August 23rd. Investec Group’s payout ratio is currently 8.19%.

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.