Short Interest in 3i Group plc (OTCMKTS:TGOPF) Rises By 114.3%

3i Group plc (OTCMKTS:TGOPF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 70,300 shares, an increase of 114.3% from the December 15th total of 32,800 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 33.5 days.

3i Group Stock Performance

TGOPF traded down $0.15 during trading hours on Tuesday, hitting $43.23. 873 shares of the company’s stock were exchanged, compared to its average volume of 2,682. 3i Group has a 1-year low of $29.08 and a 1-year high of $48.05. The stock’s 50-day moving average is $45.22 and its two-hundred day moving average is $42.42.

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.