3i Group plc (OTCMKTS:TGOPY) Short Interest Up 200.0% in March

3i Group plc (OTCMKTS:TGOPY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 61,200 shares, a growth of 200.0% from the February 28th total of 20,400 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 284,700 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a “buy” rating on shares of 3i Group in a research report on Monday, February 3rd.

3i Group Stock Performance

Shares of 3i Group stock opened at $24.30 on Friday. The company has a fifty day simple moving average of $24.79 and a 200-day simple moving average of $23.24. 3i Group has a 12-month low of $17.37 and a 12-month high of $26.45.

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.