Short Interest in 3i Group plc (OTCMKTS:TGOPF) Decreases By 25.0%

3i Group plc (OTCMKTS:TGOPF) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 124,900 shares, a decline of 25.0% from the March 31st total of 166,500 shares. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is currently 14.4 days.

3i Group Price Performance

Shares of TGOPF opened at $55.48 on Friday. The stock has a 50 day simple moving average of $50.84 and a 200-day simple moving average of $47.64. 3i Group has a 1 year low of $34.96 and a 1 year high of $57.34.

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.