Short Interest in 3i Group plc (OTCMKTS:TGOPF) Rises By 114.3%

3i Group plc (OTCMKTS:TGOPFGet Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 70,300 shares, an increase of 114.3% from the December 15th total of 32,800 shares. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is currently 33.5 days.

3i Group Stock Down 0.3 %

TGOPF traded down $0.15 during trading on Tuesday, reaching $43.23. 873 shares of the company’s stock were exchanged, compared to its average volume of 2,682. 3i Group has a fifty-two week low of $29.08 and a fifty-two week high of $48.05. The business has a 50 day moving average price of $45.22 and a 200 day moving average price of $42.42.

About 3i Group

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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.

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