TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Sees Significant Increase in Short Interest

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 27,400 shares, a growth of 114.1% from the December 31st total of 12,800 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is currently 1.3 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Stock Performance

NASDAQ:TPGXL traded down $0.15 on Friday, hitting $25.21. 11,765 shares of the stock were exchanged, compared to its average volume of 17,458. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a fifty-two week low of $24.86 and a fifty-two week high of $27.00. The stock has a fifty day moving average of $25.58 and a 200-day moving average of $25.87.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Sunday, December 1st were paid a $0.4344 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 6.89%.