3i Group plc (OTCMKTS:TGOPY - Get Free Report) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 1,600 shares, a drop of 95.3% from the January 15th total of 33,800 shares. Based on an average trading volume of 296,900 shares, the days-to-cover ratio is currently 0.0 days.
3i Group Stock Performance
3i Group stock traded up $0.18 during mid-day trading on Friday, reaching $25.73. The stock had a trading volume of 77,166 shares, compared to its average volume of 193,236. 3i Group has a one year low of $15.19 and a one year high of $26.00. The company has a 50-day moving average price of $23.45 and a two-hundred day moving average price of $22.29.
3i Group Company Profile
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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.
Further Reading
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