3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Sees Significant Growth in Short Interest

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPYGet Free Report) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 304,097 shares, an increase of 57.5% from the February 12th total of 193,019 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,461,937 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 1,461,937 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

3i Group Price Performance

TGOPY stock opened at $9.80 on Friday. The stock has a 50-day moving average price of $11.05 and a 200-day moving average price of $12.15. 3i Group has a 1-year low of $9.67 and a 1-year high of $15.19.

Analysts Set New Price Targets

A number of equities analysts recently commented on TGOPY shares. Citigroup reaffirmed a “buy” rating on shares of 3i Group in a research note on Friday, November 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of 3i Group in a research report on Friday, January 30th. Royal Bank Of Canada downgraded shares of 3i Group from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Finally, Kepler Capital Markets lowered shares of 3i Group from a “hold” rating to a “strong sell” rating in a research note on Friday, November 14th. Four research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Get Our Latest Stock Analysis on TGOPY

3i Group Company Profile

(Get Free Report)

3i Group plc is a London‑based international investment manager that specializes in private equity, infrastructure and debt investments. The company deploys capital both from its own balance sheet and through managed funds on behalf of institutional investors, targeting mid‑market buyouts, growth capital and core infrastructure assets. Its private equity activity typically focuses on acquiring, developing and exiting businesses through active ownership and operational improvement, while its infrastructure arm invests in long‑life assets that generate steady cash flows.

3i manages a portfolio of companies across a range of industry sectors, including business and financial services, industrials, consumer and healthcare, and technology.

Further Reading

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