Intermediate Capital Group plc (OTCMKTS:ICGUF) Sees Significant Growth in Short Interest

Intermediate Capital Group plc (OTCMKTS:ICGUF) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 831,013 shares, a growth of 20.4% from the February 26th total of 690,475 shares. Based on an average daily volume of 46 shares, the days-to-cover ratio is presently 18,065.5 days.

Intermediate Capital Group Stock Performance

ICGUF stock opened at $21.78 on Thursday. The firm has a 50 day simple moving average of $24.86 and a 200 day simple moving average of $26.31. Intermediate Capital Group has a 52 week low of $20.65 and a 52 week high of $27.72.

Intermediate Capital Group Company Profile

Intermediate Capital Group plc (OTCMKTS:ICGUF) is a specialist asset manager providing flexible private capital solutions to support companies and fund managers globally. Founded in 1989 and headquartered in London, the firm offers a diversified range of investment strategies spanning private debt, credit, real estate, infrastructure and private equity. Through tailored financing structures, ICG works alongside mid-market and large corporations to deliver direct lending, debt refinancing, equity co-investments and bespoke portfolio solutions.

ICG’s private debt and credit platform encompasses senior and subordinated loans, unitranche financing, mezzanine debt and special situations across developed and emerging markets.