Short Interest in 3i Group plc (OTCMKTS:TGOPF) Rises By 51.3%

3i Group plc (OTCMKTS:TGOPFGet Rating) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 377,100 shares, an increase of 51.3% from the June 30th total of 249,300 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is presently 44.9 days.

3i Group Price Performance

OTCMKTS TGOPF opened at $15.70 on Monday. The company has a fifty day simple moving average of $14.32 and a 200 day simple moving average of $16.40. 3i Group has a 12-month low of $12.62 and a 12-month high of $20.23.

3i Group Company Profile

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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.

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