Short Interest in 3i Group plc (OTCMKTS:TGOPF) Drops By 20.4%

3i Group plc (OTCMKTS:TGOPF) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 25,800 shares, a decline of 20.4% from the May 31st total of 32,400 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 15.2 days.

3i Group Price Performance

Shares of TGOPF traded up $0.19 during mid-day trading on Friday, hitting $39.46. 249 shares of the company traded hands, compared to its average volume of 3,914. The business has a 50-day moving average of $37.32 and a 200 day moving average of $33.81. 3i Group has a one year low of $23.46 and a one year high of $41.37.

3i Group Company Profile

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.