Investec Group (OTCMKTS:ITCFY) Short Interest Up 100.0% in July

Investec Group (OTCMKTS:ITCFY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 200 shares, an increase of 100.0% from the June 30th total of 100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 2.0 days.

Investec Group Price Performance

Investec Group has a one year low of $12.59 and a one year high of $16.15. The company’s 50 day simple moving average is $14.36 and its 200 day simple moving average is $13.69.

Investec Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, September 23rd. Investors of record on Friday, August 23rd will be paid a dividend of $0.3414 per share. The ex-dividend date is Friday, August 23rd. This is a positive change from Investec Group’s previous dividend of $0.27. Investec Group’s dividend payout ratio is currently 6.20%.

About Investec Group

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.