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

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 14,600 shares, an increase of 37.7% from the February 13th total of 10,600 shares. Based on an average daily volume of 19,000 shares, the days-to-cover ratio is presently 0.8 days.

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

TPGXL opened at $25.62 on Monday. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a twelve month low of $24.86 and a twelve month high of $26.85. The firm’s 50-day moving average price is $25.49 and its 200 day moving average price is $25.80.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Saturday, March 1st will be given a dividend of $0.4344 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.74 dividend on an annualized basis and a yield of 6.78%.