TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Short Interest Down 43.8% in August

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,828 shares, a decline of 43.8% from the August 15th total of 5,031 shares. Based on an average trading volume of 19,263 shares, the short-interest ratio is presently 0.1 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Trading Down 0.4%

NASDAQ TPGXL opened at $21.45 on Tuesday. The company’s 50 day simple moving average is $22.64 and its 200 day simple moving average is $23.63. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12 month low of $21.12 and a 12 month high of $26.25.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.4344 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 8.1%.

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ.