Short Interest in 3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Grows By 500.3%

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 184,885 shares, an increase of 500.3% from the January 15th total of 30,798 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,894,147 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,894,147 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Several equities research analysts have commented on TGOPY shares. Kepler Capital Markets cut shares of 3i Group from a “hold” rating to a “strong sell” rating in a research report on Friday, November 14th. Citigroup reiterated a “buy” rating on shares of 3i Group in a report on Friday, November 14th. Royal Bank Of Canada lowered shares of 3i Group from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of 3i Group in a research report on Friday, January 30th. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat, 3i Group currently has a consensus rating of “Hold”.

3i Group Stock Performance

OTCMKTS TGOPY opened at $11.37 on Wednesday. 3i Group has a 1 year low of $9.84 and a 1 year high of $15.19. The stock’s 50-day moving average price is $10.92 and its two-hundred day moving average price is $13.58.

3i Group Company Profile

3i Group plc is a London‑based international investment manager that specializes in private equity, infrastructure and debt investments. The company deploys capital both from its own balance sheet and through managed funds on behalf of institutional investors, targeting mid‑market buyouts, growth capital and core infrastructure assets. Its private equity activity typically focuses on acquiring, developing and exiting businesses through active ownership and operational improvement, while its infrastructure arm invests in long‑life assets that generate steady cash flows.

3i manages a portfolio of companies across a range of industry sectors, including business and financial services, industrials, consumer and healthcare, and technology.