Short Interest in TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Declines By 48.6%

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 5,563 shares, a decrease of 48.6% from the January 15th total of 10,825 shares. Based on an average trading volume of 12,217 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 12,217 shares, the days-to-cover ratio is currently 0.5 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Trading Down 0.6%

NASDAQ TPGXL opened at $25.01 on Friday. The firm’s 50 day moving average is $25.02 and its 200-day moving average is $25.51. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12-month low of $23.53 and a 12-month high of $26.25.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Sunday, March 1st will be paid a dividend of $0.4344 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Friday, February 27th.

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ.