3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Shares Shorted: Short Interest Down 73.2% in September

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 62,398 shares, a drop of 73.2% from the September 15th total of 233,029 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 870,748 shares, the short-interest ratio is presently 0.1 days.

3i Group Stock Down 1.1%

Shares of 3i Group stock opened at $7.89 on Tuesday. The stock’s fifty day moving average is $9.17 and its 200-day moving average is $8.69. 3i Group has a 12-month low of $6.90 and a 12-month high of $15.19.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of 3i Group in a research report on Friday, August 28th. Two analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

3i Group Company Profile

3i Group plc is an international investment company headquartered in London, United Kingdom. It invests in and supports businesses through two principal areas: private equity and infrastructure. The company typically takes significant or controlling interests in established businesses, working with management teams to support growth, operational development and long-term value creation.

Through its private equity activities, 3i focuses primarily on mid-market companies, particularly in Northern Europe.