3i Group plc (OTCMKTS:TGOPY) Sees Significant Decrease in Short Interest

3i Group plc (OTCMKTS:TGOPYGet Rating) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 30,200 shares, a decrease of 60.0% from the March 31st total of 75,500 shares. Based on an average daily volume of 284,700 shares, the days-to-cover ratio is currently 0.1 days.

Shares of TGOPY traded down $0.06 during trading hours on Friday, reaching $8.30. The stock had a trading volume of 92,755 shares, compared to its average volume of 202,658. 3i Group has a 52 week low of $7.50 and a 52 week high of $10.54. The firm has a 50-day moving average of $8.83 and a 200 day moving average of $9.23.

About 3i Group (Get Rating)

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.

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