Short Interest in 3i Group plc (OTCMKTS:TGOPF) Grows By 114.3%

3i Group plc (OTCMKTS:TGOPF) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 70,300 shares, a growth of 114.3% from the December 15th total of 32,800 shares. Based on an average trading volume of 2,100 shares, the short-interest ratio is presently 33.5 days.

3i Group Price Performance

Shares of TGOPF stock remained flat at $43.23 during trading hours on Thursday. The stock had a trading volume of 72 shares, compared to its average volume of 2,682. 3i Group has a one year low of $29.08 and a one year high of $48.05. The firm’s fifty day simple moving average is $45.26 and its 200 day simple moving average is $42.44.

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.