3i Group plc (OTCMKTS:TGOPY) Short Interest Update

3i Group plc (OTCMKTS:TGOPY) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 1,241,500 shares, an increase of 611.1% from the June 15th total of 174,600 shares. Based on an average trading volume of 885,600 shares, the short-interest ratio is currently 1.4 days.

3i Group Stock Up 0.6 %

OTCMKTS:TGOPY traded up $0.11 on Friday, reaching $19.84. 70,432 shares of the stock traded hands, compared to its average volume of 251,710. 3i Group has a 12 month low of $11.81 and a 12 month high of $20.78. The company’s fifty day simple moving average is $19.27 and its 200 day simple moving average is $17.34.

3i Group Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, August 12th. Investors of record on Friday, June 21st will be given a dividend of $0.1937 per share. The ex-dividend date is Friday, June 21st. This is an increase from 3i Group’s previous dividend of $0.14. 3i Group’s dividend payout ratio (DPR) is 27.02%.

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.