3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Stock Short Interest Falls 73.2%

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 62,398 shares, a decrease of 73.2% from the September 15th total of 233,029 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 870,748 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of 3i Group in a research note on Friday, August 28th. Two analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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3i Group Stock Performance

Shares of 3i Group stock opened at $7.98 on Monday. The company has a 50 day moving average of $9.21 and a 200 day moving average of $8.70. 3i Group has a 52-week low of $6.90 and a 52-week high of $15.19.

3i Group Company Profile

(Get Free Report)

3i Group plc is an international investment company headquartered in London, United Kingdom. It invests in and supports businesses through two principal areas: private equity and infrastructure. The company typically takes significant or controlling interests in established businesses, working with management teams to support growth, operational development and long-term value creation.

Through its private equity activities, 3i focuses primarily on mid-market companies, particularly in Northern Europe.

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