TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Sees Significant Increase in Short Interest

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 61,800 shares, an increase of 323.3% from the February 28th total of 14,600 shares. Based on an average daily volume of 19,100 shares, the days-to-cover ratio is presently 3.2 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Trading Down 0.8 %

TPGXL stock opened at $25.16 on Friday. The company has a fifty day moving average price of $25.56 and a 200 day moving average price of $25.79. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12 month low of $24.86 and a 12 month high of $26.73.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Saturday, March 1st were paid a dividend of $0.4344 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.74 annualized dividend and a dividend yield of 6.91%.