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

3i Group plc (OTCMKTS:TGOPF) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 157,200 shares, an increase of 21.6% from the September 30th total of 129,300 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 157.2 days.

3i Group Price Performance

Shares of OTCMKTS TGOPF remained flat at $42.00 during midday trading on Tuesday. 92 shares of the stock were exchanged, compared to its average volume of 3,501. The business’s 50 day moving average is $42.49 and its 200-day moving average is $39.37. 3i Group has a 52 week low of $23.46 and a 52 week high of $45.08.

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.