3i Group plc (OTCMKTS:TGOPY) Short Interest Down 81.1% in December

3i Group plc (OTCMKTS:TGOPY) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 11,500 shares, a decline of 81.1% from the November 30th total of 60,900 shares. Based on an average trading volume of 247,900 shares, the days-to-cover ratio is presently 0.0 days.

3i Group Stock Up 0.2 %

OTCMKTS TGOPY traded up $0.12 on Thursday, reaching $22.82. The stock had a trading volume of 82,354 shares, compared to its average volume of 330,213. 3i Group has a 12-month low of $14.37 and a 12-month high of $24.48. The stock has a fifty day moving average price of $22.64 and a two-hundred day moving average price of $21.32.

3i Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, November 29th will be paid a $0.1546 dividend. The ex-dividend date of this dividend is Friday, November 29th. 3i Group’s payout ratio is presently 27.02%.

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.