3i Group plc (OTCMKTS:TGOPY) Sees Significant Increase in Short Interest

3i Group plc (OTCMKTS:TGOPY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 41,700 shares, a growth of 148.2% from the February 29th total of 16,800 shares. Based on an average trading volume of 127,900 shares, the short-interest ratio is presently 0.3 days.

3i Group Stock Down 0.1 %

Shares of OTCMKTS TGOPY opened at $17.86 on Thursday. The business has a fifty day moving average price of $15.86 and a two-hundred day moving average price of $14.45. 3i Group has a fifty-two week low of $9.92 and a fifty-two week high of $18.08.

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.