3i Group plc (OTCMKTS:TGOPF) Sees Large Decrease in Short Interest

3i Group plc (OTCMKTS:TGOPF) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 37,900 shares, a decrease of 46.1% from the December 31st total of 70,300 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 8.8 days.

3i Group Stock Performance

Shares of TGOPF stock remained flat at $46.89 during trading on Friday. 130 shares of the company traded hands, compared to its average volume of 1,574. The business’s fifty day moving average is $45.93 and its 200-day moving average is $43.15. 3i Group has a twelve month low of $29.54 and a twelve month high of $48.83.

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.