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

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,092 shares, a decrease of 44.4% from the September 30th total of 1,964 shares. Based on an average trading volume of 24,551 shares, the days-to-cover ratio is currently 0.0 days.

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

Shares of TPGXL opened at $20.30 on Friday. The firm has a 50-day moving average of $21.11 and a 200-day moving average of $23.35. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a one year low of $19.86 and a one year high of $25.99.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.4344 dividend. This represents a $1.74 annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend was Tuesday, September 1st.

TPG Operating Group II, L.P. is an affiliated entity of TPG Inc, a global alternative asset management firm. The entity is associated with TPG’s issuance of 6.950% fixed-rate junior subordinated notes due 2064, listed on the Nasdaq Global Select Market under the symbol TPGXL. Because the notes are securities rather than an operating company, information about TPG Operating Group II, L.P.’s standalone business activities is limited.

TPG Inc manages investment funds and capital across several strategies, including private equity, growth equity, impact investing, real estate, and public-market investments.

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