Short Interest in 3i Group plc (OTCMKTS:TGOPY) Increases By 47.1%

3i Group plc (OTCMKTS:TGOPY) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 170,000 shares, a growth of 47.1% from the October 15th total of 115,600 shares. Based on an average daily trading volume, of 188,500 shares, the days-to-cover ratio is presently 0.9 days.

3i Group Price Performance

3i Group stock traded down $0.08 during trading hours on Friday, hitting $21.80. The company had a trading volume of 90,641 shares, compared to its average volume of 353,551. The company has a 50-day moving average price of $21.82 and a two-hundred day moving average price of $20.41. 3i Group has a 1 year low of $13.24 and a 1 year high of $23.16.

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.