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

3i Group plc (OTCMKTS:TGOPY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 33,800 shares, a growth of 234.7% from the December 31st total of 10,100 shares. Based on an average daily trading volume, of 488,900 shares, the days-to-cover ratio is currently 0.1 days.

3i Group Price Performance

OTCMKTS:TGOPY traded up $0.32 during mid-day trading on Thursday, reaching $23.95. 82,743 shares of the stock were exchanged, compared to its average volume of 203,305. The business has a fifty day moving average price of $23.16 and a 200 day moving average price of $21.89. 3i Group has a 1-year low of $14.54 and a 1-year high of $24.48.

3i Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, January 27th. Investors of record on Friday, November 29th were issued a $0.1546 dividend. The ex-dividend date was Friday, November 29th.

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.