3i Group plc (OTCMKTS:TGOPY) Short Interest Up 512.8% in April

3i Group plc (OTCMKTS:TGOPY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 520,300 shares, an increase of 512.8% from the March 31st total of 84,900 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 610,000 shares, the short-interest ratio is presently 0.9 days.

Analyst Ratings Changes

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

3i Group Price Performance

Shares of 3i Group stock opened at $28.49 on Friday. 3i Group has a twelve month low of $17.57 and a twelve month high of $28.62. The company’s fifty day moving average is $25.32 and its 200 day moving average is $23.82.

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.