3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Short Interest Up 57.5% in February

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 304,097 shares, an increase of 57.5% from the February 12th total of 193,019 shares. Based on an average daily trading volume, of 1,461,937 shares, the days-to-cover ratio is currently 0.2 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 trading volume, of 1,461,937 shares, the days-to-cover ratio is currently 0.2 days.

3i Group Stock Performance

Shares of TGOPY opened at $9.80 on Friday. The stock’s 50-day moving average price is $11.05 and its 200-day moving average price is $12.14. 3i Group has a 52 week low of $9.67 and a 52 week high of $15.19.

Analysts Set New Price Targets

TGOPY has been the subject of several research reports. Royal Bank Of Canada cut shares of 3i Group from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of 3i Group in a research note on Friday, January 30th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, 3i Group currently has a consensus rating of “Hold”.

3i Group Company Profile

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.