Short Interest in 3i Group plc (OTCMKTS:TGOPY) Declines By 57.4%

3i Group plc (OTCMKTS:TGOPY) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 60,000 shares, a decline of 57.4% from the May 15th total of 140,700 shares. Based on an average daily trading volume, of 315,500 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

3i Group Trading Down 2.1%

TGOPY stock traded down $0.62 during midday trading on Friday, reaching $28.35. 96,498 shares of the company’s stock traded hands, compared to its average volume of 178,119. The business has a 50-day moving average price of $27.83 and a two-hundred day moving average price of $25.34. 3i Group has a fifty-two week low of $18.40 and a fifty-two week high of $29.98.

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.