Ninety One Group (OTCMKTS:NINTF) Short Interest Down 63.4% in August

Ninety One Group (OTCMKTS:NINTF) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,250 shares, a drop of 63.4% from the July 30th total of 6,147 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Ninety One Group in a research report on Friday, July 3rd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Ninety One Group presently has a consensus rating of “Hold”.

Ninety One Group Stock Performance

Shares of OTCMKTS NINTF opened at C$2.60 on Friday. Ninety One Group has a 1 year low of C$2.60 and a 1 year high of C$3.50. The firm’s 50 day moving average price is C$2.65 and its 200 day moving average price is C$3.05.

Ninety One Group Company Profile

Ninety One Group is a global investment management firm that provides a wide range of asset management solutions for institutional, intermediary and private investors. Tracing its origins to the asset management division of Investec plc, the company established its independence in March 2020 and rebranded to Ninety One, a nod to its founding year of 1991. Headquartered in London and Cape Town, the firm leverages decades of investment experience and research capabilities to serve diverse client needs.

The company’s core offerings span equities, fixed income, multi-asset strategies and real assets, including infrastructure and real estate.