3i Group plc (OTCMKTS:TGOPY) Short Interest Up 38.7% in March

3i Group plc (OTCMKTS:TGOPY) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 84,900 shares, a growth of 38.7% from the March 15th total of 61,200 shares. Based on an average daily volume of 410,000 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

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

3i Group Price Performance

3i Group stock opened at $27.74 on Friday. 3i Group has a fifty-two week low of $17.57 and a fifty-two week high of $27.98. The stock has a fifty day moving average of $25.08 and a two-hundred day moving average of $23.60.

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.