Investec Group (OTCMKTS:ITCFY – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2.0 days.
Investec Group Price Performance
Shares of ITCFY stock remained flat at $15.73 during mid-day trading on Friday. Investec Group has a 1-year low of $12.59 and a 1-year high of $16.15. The business’s fifty day moving average price is $14.36 and its 200-day moving average price is $13.69.
Investec Group Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, September 23rd. Shareholders of record on Friday, August 23rd will be issued a $0.3414 dividend. This is a boost from Investec Group’s previous dividend of $0.27. The ex-dividend date of this dividend is Friday, August 23rd. Investec Group’s dividend payout ratio is currently 6.20%.
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.
Further Reading
- Five stocks we like better than Investec Group
- 3 Warren Buffett Stocks to Buy Now
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Business Services Stocks Investing
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- What is the Shanghai Stock Exchange Composite Index?
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Investec Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Investec Group and related companies with MarketBeat.com's FREE daily email newsletter.