Short Interest in 3i Group plc (OTCMKTS:TGOPF) Grows By 72.4%

3i Group plc (OTCMKTS:TGOPF) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 167,900 shares, a growth of 72.4% from the October 31st total of 97,400 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 119.9 days.

3i Group Price Performance

OTCMKTS:TGOPF traded up $1.87 during mid-day trading on Thursday, reaching $48.05. 2,524 shares of the stock were exchanged, compared to its average volume of 3,245. The business has a fifty day moving average price of $43.51 and a 200 day moving average price of $40.70. 3i Group has a 1-year low of $27.58 and a 1-year high of $48.05.

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.