3i Group plc (OTCMKTS:TGOPY) Sees Significant Increase in Short Interest

3i Group plc (OTCMKTS:TGOPY) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 41,700 shares, a growth of 148.2% from the February 29th total of 16,800 shares. Based on an average daily trading volume, of 127,900 shares, the short-interest ratio is presently 0.3 days.

3i Group Trading Down 0.1 %

TGOPY opened at $17.86 on Thursday. 3i Group has a fifty-two week low of $9.92 and a fifty-two week high of $18.08. The firm’s fifty day moving average price is $15.86 and its two-hundred day moving average price is $14.45.

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.