3i Group plc (OTCMKTS:TGOPY) Short Interest Down 66.5% in August

3i Group plc (OTCMKTS:TGOPY) saw a large drop in short interest in 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 days-to-cover ratio is presently 0.1 days.

3i Group Price Performance

Shares of OTCMKTS:TGOPY traded down $0.07 during trading on Friday, hitting $21.27. 93,669 shares of the stock were exchanged, compared to its average volume of 412,309. The company’s fifty day simple moving average is $20.31 and its 200-day simple moving average is $18.95. 3i Group has a 1-year low of $11.81 and a 1-year high of $21.67.

3i Group Company Profile

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.