3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Short Interest Down 99.7% in December

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 987 shares, a decrease of 99.7% from the November 30th total of 285,642 shares. Based on an average daily volume of 2,567,149 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,567,149 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Several research firms recently issued reports on TGOPY. Sanford C. Bernstein initiated coverage on 3i Group in a research report on Thursday, September 18th. They issued an “outperform” rating on the stock. Kepler Capital Markets lowered 3i Group from a “hold” rating to a “strong sell” rating in a research report on Friday, November 14th. UBS Group upgraded 3i Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 2nd. Finally, Citigroup reaffirmed a “buy” rating on shares of 3i Group in a report on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

3i Group Price Performance

Shares of TGOPY stock traded up $0.02 on Wednesday, hitting $10.89. The stock had a trading volume of 269,793 shares, compared to its average volume of 455,256. The company’s 50 day moving average price is $12.28 and its 200-day moving average price is $17.92. 3i Group has a 1 year low of $9.84 and a 1 year high of $15.19.

About 3i Group

3i Group plc is a London‑based international investment manager that specializes in private equity, infrastructure and debt investments. The company deploys capital both from its own balance sheet and through managed funds on behalf of institutional investors, targeting mid‑market buyouts, growth capital and core infrastructure assets. Its private equity activity typically focuses on acquiring, developing and exiting businesses through active ownership and operational improvement, while its infrastructure arm invests in long‑life assets that generate steady cash flows.

3i manages a portfolio of companies across a range of industry sectors, including business and financial services, industrials, consumer and healthcare, and technology.