Short Interest in 3i Group plc (OTCMKTS:TGOPY) Declines By 81.1%

3i Group plc (OTCMKTS:TGOPY) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 11,500 shares, a decrease of 81.1% from the November 30th total of 60,900 shares. Based on an average daily volume of 247,900 shares, the short-interest ratio is currently 0.0 days.

3i Group Stock Up 0.2 %

Shares of OTCMKTS:TGOPY traded up $0.12 during midday trading on Thursday, reaching $22.82. The company’s stock had a trading volume of 82,354 shares, compared to its average volume of 330,213. The stock has a fifty day moving average of $22.64 and a 200 day moving average of $21.32. 3i Group has a twelve month low of $14.37 and a twelve month high of $24.48.

3i Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Friday, November 29th will be issued a dividend of $0.1546 per share. The ex-dividend date is Friday, November 29th. 3i Group’s dividend payout ratio (DPR) is presently 27.02%.

3i Group Company Profile

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.