3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY - Get Free Report) saw a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 60,000 shares, a drop of 57.4% from the May 15th total of 140,700 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 315,500 shares, the short-interest ratio is presently 0.2 days.
3i Group Stock Performance
Shares of TGOPY traded down $0.36 during mid-day trading on Tuesday, reaching $27.85. The stock had a trading volume of 114,902 shares, compared to its average volume of 135,300. The business has a fifty day moving average of $28.01 and a 200 day moving average of $25.39. 3i Group has a 12 month low of $18.40 and a 12 month high of $29.98.
3i Group Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, August 11th. Investors of record on Monday, June 23rd will be paid a dividend of $0.2298 per share. This is a boost from 3i Group's previous dividend of $0.15. The ex-dividend date is Friday, June 20th. This represents a dividend yield of 1.34%.
About 3i Group
(
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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.
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