Intermediate Capital Group plc (OTCMKTS:ICGUF) Short Interest Up 20.4% in March

Intermediate Capital Group plc (OTCMKTS:ICGUF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 831,013 shares, an increase of 20.4% from the February 26th total of 690,475 shares. Based on an average daily trading volume, of 46 shares, the days-to-cover ratio is currently 18,065.5 days.

Intermediate Capital Group Price Performance

Shares of ICGUF stock opened at $21.78 on Wednesday. Intermediate Capital Group has a 52 week low of $20.65 and a 52 week high of $27.72. The firm’s 50-day simple moving average is $24.98 and its two-hundred day simple moving average is $26.34.

Intermediate Capital Group Company Profile

Intermediate Capital Group plc (OTCMKTS:ICGUF) is a specialist asset manager providing flexible private capital solutions to support companies and fund managers globally. Founded in 1989 and headquartered in London, the firm offers a diversified range of investment strategies spanning private debt, credit, real estate, infrastructure and private equity. Through tailored financing structures, ICG works alongside mid-market and large corporations to deliver direct lending, debt refinancing, equity co-investments and bespoke portfolio solutions.

ICG’s private debt and credit platform encompasses senior and subordinated loans, unitranche financing, mezzanine debt and special situations across developed and emerging markets.