Short Interest in 3i Group plc (OTCMKTS:TGOPY) Declines By 92.2%

3i Group plc (OTCMKTS:TGOPYGet Rating) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 4,000 shares, a drop of 92.2% from the April 30th total of 51,300 shares. Based on an average daily trading volume, of 333,100 shares, the short-interest ratio is presently 0.0 days.

TGOPY traded down $0.26 on Wednesday, reaching $7.77. The company had a trading volume of 1,152,899 shares, compared to its average volume of 211,118. 3i Group has a 1 year low of $7.25 and a 1 year high of $10.54. The stock has a 50-day moving average price of $8.62 and a 200-day moving average price of $9.08.

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.

Further Reading

Receive News & Ratings for 3i Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 3i Group and related companies with MarketBeat.com's FREE daily email newsletter.