Short Interest in 3i Group plc (OTCMKTS:TGOPY) Declines By 66.5%

3i Group plc (OTCMKTS:TGOPY) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 68,500 shares, a drop of 66.5% from the August 15th total of 204,400 shares. Based on an average daily volume of 461,000 shares, the short-interest ratio is currently 0.1 days.

3i Group Stock Down 0.3 %

Shares of OTCMKTS TGOPY traded down $0.07 during mid-day trading on Friday, reaching $21.27. The company had a trading volume of 93,669 shares, compared to its average volume of 412,309. 3i Group has a one year low of $11.81 and a one year high of $21.67. The business’s 50-day simple moving average is $20.28 and its 200 day simple moving average is $18.91.

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.