Short Interest in TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Declines By 55.2%

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 12,800 shares, a decline of 55.2% from the November 30th total of 28,600 shares. Based on an average daily trading volume, of 23,900 shares, the short-interest ratio is presently 0.5 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Stock Performance

TPGXL traded down $0.06 during trading on Friday, reaching $25.51. 14,653 shares of the company were exchanged, compared to its average volume of 60,431. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12-month low of $25.06 and a 12-month high of $27.00. The company’s 50-day moving average is $25.92 and its two-hundred day moving average is $25.98.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Sunday, December 1st were issued a $0.4344 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 6.81%. The ex-dividend date of this dividend was Friday, November 29th.