After Reaching Milestone, Is INVESTEC PLC ORDINARY SHARES (OTCMKTS:IVTJF)’s Short Interest Revealing Something?

Investec Group Limited (OTCMKTS:IVTJF) Logo

The stock of INVESTEC PLC ORDINARY SHARES (OTCMKTS:IVTJF) registered an increase of 383.33% in short interest. IVTJF’s total short interest was 29,000 shares in October as published by FINRA. Its up 383.33% from 6,000 shares, reported previously. With 100 shares average volume, it will take short sellers 290 days to cover their IVTJF’s short positions.

It closed at $6.1 lastly. It is up 0.00% since October 12, 2018 and is . It has by 0.00% the S&P500.

Investec plc, a specialist bank and asset manager, provides various financial services and products in the United Kingdom, South Africa, Australia, other European countries, Asia, and internationally. The company has market cap of $3.36 billion. It operates in three divisions: Asset Management, Wealth & Investment, and Specialist Banking. It currently has negative earnings. The Asset Management division offers active investment services and products to institutional, advisory clients, and individuals.

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