3i Group plc (OTCMKTS:TGOPY) Sees Large Increase in Short Interest

3i Group plc (OTCMKTS:TGOPY) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 33,800 shares, an increase of 234.7% from the December 31st total of 10,100 shares. Based on an average daily trading volume, of 488,900 shares, the short-interest ratio is presently 0.1 days.

3i Group Trading Down 0.6 %

OTCMKTS TGOPY traded down $0.15 during trading hours on Friday, reaching $24.08. 80,083 shares of the company traded hands, compared to its average volume of 193,962. 3i Group has a 12 month low of $14.54 and a 12 month high of $24.48. The company has a 50 day moving average of $23.21 and a two-hundred day moving average of $21.93.

3i Group Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, January 27th. Investors of record on Friday, November 29th were paid a $0.1546 dividend. The ex-dividend date was Friday, November 29th.

3i Group Company Profile

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.