TP ICAP Group PLC (OTCMKTS:TCAPF) Short Interest Update

TP ICAP Group PLC (OTCMKTS:TCAPF) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 155,047 shares, a growth of 66.5% from the June 30th total of 93,133 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

TP ICAP Group Price Performance

TCAPF stock opened at $4.57 on Friday. TP ICAP Group has a twelve month low of $3.50 and a twelve month high of $4.57. The business’s 50-day moving average price is $4.37 and its 200-day moving average price is $3.85.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft started coverage on TP ICAP Group in a research report on Monday, June 8th. They set a “buy” rating for the company. Investec downgraded TP ICAP Group to a “hold” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, TP ICAP Group has an average rating of “Moderate Buy”.

TP ICAP Group Company Profile

TP ICAP Group PLC provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions. The Global Broking division operates in rates, foreign exchange (FX) and money markets, equities, and credit products; and offers broking, facilitating price discovery, and liquidity services.