3i Group plc (OTCMKTS:TGOPY) Short Interest Up 2,518.8% in February

3i Group plc (OTCMKTS:TGOPY) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 41,900 shares, a growth of 2,518.8% from the January 31st total of 1,600 shares. Based on an average daily trading volume, of 366,500 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “buy” rating on shares of 3i Group in a research report on Monday, February 3rd.

3i Group Stock Down 3.4 %

Shares of TGOPY opened at $25.30 on Friday. The company has a 50-day simple moving average of $23.91 and a 200-day simple moving average of $22.67. 3i Group has a 52 week low of $15.41 and a 52 week high of $26.45.

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.