3i Group plc (OTCMKTS:TGOPF) Sees Significant Decrease in Short Interest

3i Group plc (OTCMKTS:TGOPFGet Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 255,800 shares, adeclineof23.5% from the July 15th total of 334,200 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 213.2 days. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 213.2 days.

3i Group Stock Up 0.4%

TGOPF opened at $55.80 on Friday. 3i Group has a 12-month low of $40.05 and a 12-month high of $60.25. The business has a 50 day moving average of $56.21 and a 200-day moving average of $53.76.

3i Group Company Profile

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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.

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