Intermediate Capital Group plc (OTCMKTS:ICGUF) Short Interest Down 18.3% in February

Intermediate Capital Group plc (OTCMKTS:ICGUF) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 198,700 shares, a decrease of 18.3% from the February 13th total of 243,300 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 132.5 days.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reissued an “overweight” rating on shares of Intermediate Capital Group in a research report on Tuesday, February 4th.

Intermediate Capital Group Stock Performance

Shares of ICGUF stock remained flat at $25.96 on Wednesday. The company has a 50-day moving average of $26.98 and a 200 day moving average of $26.50. Intermediate Capital Group has a 1 year low of $19.44 and a 1 year high of $30.50.

About Intermediate Capital Group

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.