TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Short Interest Update

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 19,155 shares, a growth of 104.7% from the July 15th total of 9,357 shares. Based on an average daily volume of 18,725 shares, the short-interest ratio is currently 1.0 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Price Performance

Shares of TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 stock opened at $22.90 on Friday. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12-month low of $22.34 and a 12-month high of $26.25. The company’s fifty day simple moving average is $23.04 and its two-hundred day simple moving average is $24.08.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a $0.4344 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.74 annualized dividend and a yield of 7.6%.

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ.