Short Interest in 3i Group plc (OTCMKTS:TGOPF) Grows By 104.2%

3i Group plc (OTCMKTS:TGOPF) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 39,000 shares, a growth of 104.2% from the June 30th total of 19,100 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 9.5 days.

3i Group Stock Down 1.0 %

Shares of OTCMKTS:TGOPF traded down $0.39 during trading on Friday, hitting $38.52. 300 shares of the company were exchanged, compared to its average volume of 3,621. 3i Group has a 12-month low of $23.46 and a 12-month high of $41.37. The firm’s 50 day moving average price is $38.41 and its 200-day moving average price is $34.98.

About 3i Group

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.