Intermediate Capital Group plc (OTCMKTS:ICGUF) Sees Significant Growth in Short Interest

Intermediate Capital Group plc (OTCMKTS:ICGUF) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 961,173 shares, a growth of 560.7% from the June 30th total of 145,479 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Intermediate Capital Group Price Performance

Shares of OTCMKTS:ICGUF remained flat at $22.80 during trading on Friday. The firm’s 50-day simple moving average is $24.27 and its 200 day simple moving average is $24.26. Intermediate Capital Group has a 1-year low of $20.65 and a 1-year high of $27.72.

About Intermediate Capital Group

Intermediate Capital Group plc (OTCMKTS:ICGUF) is a specialist asset manager providing flexible private capital solutions to support companies and fund managers globally. Founded in 1989 and headquartered in London, the firm offers a diversified range of investment strategies spanning private debt, credit, real estate, infrastructure and private equity. Through tailored financing structures, ICG works alongside mid-market and large corporations to deliver direct lending, debt refinancing, equity co-investments and bespoke portfolio solutions.

ICG’s private debt and credit platform encompasses senior and subordinated loans, unitranche financing, mezzanine debt and special situations across developed and emerging markets.