Investec Group (OTCMKTS:ITCFY) Short Interest Up 50.0% in September

Investec Group (OTCMKTS:ITCFY) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 300 shares, an increase of 50.0% from the August 31st total of 200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

Investec Group Stock Performance

ITCFY opened at $16.70 on Friday. Investec Group has a twelve month low of $12.59 and a twelve month high of $16.85. The firm’s 50-day moving average price is $15.82 and its 200 day moving average price is $14.37.

Investec Group Increases Dividend

The business also recently announced a dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, August 23rd were issued a dividend of $0.3414 per share. This is a boost from Investec Group’s previous dividend of $0.27. The ex-dividend date of this dividend was Friday, August 23rd. Investec Group’s payout ratio is currently 8.19%.

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.