Ninety One Group (OTCMKTS:NINTF) Stock Short Interest Report for October

Ninety One Group (OTCMKTS:NINTF) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 985 shares, a decline of 62.4% from the September 30th total of 2,622 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Ninety One Group Stock Performance

Shares of OTCMKTS NINTF opened at C$2.60 on Thursday. The company has a 50 day simple moving average of C$2.60 and a two-hundred day simple moving average of C$2.95. Ninety One Group has a 12 month low of C$2.60 and a 12 month high of C$3.50.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Ninety One Group in a report on Friday, July 3rd. One analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Ninety One Group Company Profile

Ninety One Group plc is a global investment management firm that provides investment solutions to institutional investors, financial advisers, wealth managers and private clients. The company manages active investment strategies across public and private markets, with a focus on helping clients meet long-term investment objectives.

Its products and services include equity, fixed-income and multi-asset strategies, as well as alternatives and other specialist investment solutions. Ninety One offers strategies covering global and emerging markets, including portfolios focused on equities, credit, infrastructure, natural resources and sustainable investing.

The company was established in South Africa in 1991 as Investec Asset Management and became an independently listed business in 2020 following its demerger from Investec.