3i Group plc (OTCMKTS:TGOPF) Short Interest Update

3i Group plc (OTCMKTS:TGOPF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 157,200 shares, an increase of 21.6% from the September 30th total of 129,300 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 157.2 days.

3i Group Price Performance

TGOPF remained flat at $42.00 during midday trading on Tuesday. 92 shares of the company’s stock were exchanged, compared to its average volume of 3,501. 3i Group has a 1 year low of $23.46 and a 1 year high of $45.08. The company’s 50 day moving average is $42.49 and its 200-day moving average is $39.37.

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.