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

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXLGet Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 5,654 shares, a decline of 58.6% from the May 31st total of 13,655 shares. Based on an average daily volume of 23,525 shares, the short-interest ratio is currently 0.2 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Stock Down 0.5%

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 stock traded down $0.12 during midday trading on Tuesday, reaching $23.41. 139,362 shares of the company traded hands, compared to its average volume of 24,791. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12 month low of $22.34 and a 12 month high of $26.25. The business has a 50 day moving average of $23.91 and a two-hundred day moving average of $24.52.

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

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.4344 per share. This represents a $1.74 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend was Monday, June 1st.

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ.

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