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

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

3i Group Trading Up 4.8 %

Shares of OTCMKTS TGOPF opened at $49.77 on Thursday. 3i Group has a fifty-two week low of $31.92 and a fifty-two week high of $52.85. The business’s 50 day moving average price is $48.40 and its 200-day moving average price is $45.39.

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.