3i Group plc (OTCMKTS:TGOPF) Short Interest Update

3i Group plc (OTCMKTS:TGOPF) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 143,100 shares, an increase of 179.5% from the February 13th total of 51,200 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 102.2 days.

3i Group Price Performance

Shares of 3i Group stock traded down $1.87 during midday trading on Friday, reaching $48.01. 2,387 shares of the company’s stock traded hands, compared to its average volume of 1,248. The stock has a 50 day moving average of $48.47 and a 200-day moving average of $45.41. 3i Group has a 12 month low of $31.92 and a 12 month high of $52.85.

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.