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) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 27,400 shares, a growth of 114.1% from the December 31st total of 12,800 shares. Based on an average daily volume of 21,300 shares, the short-interest ratio is currently 1.3 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Trading Down 0.6 %

NASDAQ:TPGXL traded down $0.15 during trading hours on Friday, reaching $25.21. 11,765 shares of the stock were exchanged, compared to its average volume of 17,458. The firm has a 50 day simple moving average of $25.58 and a 200-day simple moving average of $25.87. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 52 week low of $24.86 and a 52 week high of $27.00.

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

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Sunday, December 1st were issued a dividend of $0.4344 per share. This represents a $1.74 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date was Friday, November 29th.