3i Group plc (OTCMKTS:TGOPY) Short Interest Up 512.8% in April

3i Group plc (OTCMKTS:TGOPY - Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 520,300 shares, an increase of 512.8% from the March 31st total of 84,900 shares. Based on an average daily volume of 610,000 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the company's stock are sold short.

3i Group Stock Performance

Shares of TGOPY stock traded down $0.32 during trading on Thursday, hitting $28.32. The company's stock had a trading volume of 175,598 shares, compared to its average volume of 194,666. The business has a fifty day moving average of $25.53 and a 200-day moving average of $23.99. 3i Group has a 52 week low of $17.70 and a 52 week high of $28.72.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a "buy" rating on shares of 3i Group in a research report on Monday, February 3rd.

3i Group Company Profile

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.