3i Group (OTCMKTS:TGOPF) Sees Large Growth in Short Interest

3i Group (OTCMKTS:TGOPF) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 28,200 shares, a growth of 38.2% from the March 31st total of 20,400 shares. Based on an average daily volume of 30,900 shares, the short-interest ratio is currently 0.9 days.

3i Group Price Performance

Shares of OTCMKTS:TGOPF remained flat at $35.13 during midday trading on Monday. 60 shares of the stock traded hands, compared to its average volume of 5,013. The company’s 50-day moving average price is $33.74 and its 200 day moving average price is $30.24. 3i Group has a 1-year low of $21.46 and a 1-year high of $36.23.

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.