Short Interest in 3i Group plc (OTCMKTS:TGOPF) Increases By 129.5%

3i Group plc (OTCMKTS:TGOPF) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 143,900 shares, an increase of 129.5% from the August 31st total of 62,700 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 14.7 days.

3i Group Price Performance

TGOPF opened at $43.31 on Friday. The company has a fifty day moving average price of $40.57 and a two-hundred day moving average price of $38.01. 3i Group has a 52 week low of $23.46 and a 52 week high of $45.08.

About 3i Group

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.