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

3i Group plc (OTCMKTS:TGOPY) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totalling 47,000 shares, a decline of 96.2% from the June 30th total of 1,241,500 shares. Based on an average daily volume of 294,600 shares, the short-interest ratio is presently 0.2 days.

3i Group Stock Performance

OTCMKTS TGOPY traded down $0.46 during trading hours on Thursday, hitting $19.71. The company had a trading volume of 4,748,237 shares, compared to its average volume of 350,902. 3i Group has a 1-year low of $11.81 and a 1-year high of $20.78. The business has a 50 day moving average of $19.51 and a 200-day moving average of $17.62.

3i Group Increases Dividend

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

About 3i Group

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.