3i Group plc (OTCMKTS:TGOPF) Sees Significant Drop in Short Interest

3i Group plc (OTCMKTS:TGOPFGet Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 13,300 shares, a drop of 46.6% from the April 30th total of 24,900 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is presently 10.2 days.

3i Group Trading Down 1.1 %

TGOPF stock opened at $36.99 on Friday. The firm has a 50 day moving average price of $36.01 and a 200-day moving average price of $32.19. 3i Group has a 52-week low of $23.43 and a 52-week high of $37.95.

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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