Short Interest in 3i Group plc (OTCMKTS:TGOPF) Grows By 104.2%

3i Group plc (OTCMKTS:TGOPF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 39,000 shares, an increase of 104.2% from the June 30th total of 19,100 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 9.5 days.

3i Group Stock Down 1.0 %

TGOPF traded down $0.39 on Friday, hitting $38.52. The company had a trading volume of 300 shares, compared to its average volume of 3,621. The company’s fifty day moving average price is $38.41 and its 200 day moving average price is $34.98. 3i Group has a 1-year low of $23.46 and a 1-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.