Short Interest in 3i Group plc (OTCMKTS:TGOPF) Expands By 24.8%

3i Group plc (OTCMKTS:TGOPF) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 47,300 shares, a growth of 24.8% from the January 15th total of 37,900 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is presently 47.3 days.

3i Group Stock Performance

TGOPF stock remained flat at $49.59 during trading on Friday. The company’s stock had a trading volume of 134 shares, compared to its average volume of 1,242. The company has a fifty day simple moving average of $46.42 and a two-hundred day simple moving average of $43.89. 3i Group has a one year low of $29.69 and a one year high of $50.99.

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.