3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY) Short Interest Down 46.9% in September

3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY - Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 78,900 shares, a drop of 46.9% from the September 15th total of 148,500 shares. Based on an average trading volume of 1,210,100 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 1,210,100 shares, the days-to-cover ratio is presently 0.1 days.

3i Group Stock Performance

TGOPY opened at $14.61 on Tuesday. The business has a 50 day moving average price of $13.89 and a 200 day moving average price of $22.94. 3i Group has a twelve month low of $10.27 and a twelve month high of $15.18.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TGOPY shares. Sanford C. Bernstein started coverage on 3i Group in a report on Thursday, September 18th. They set an "outperform" rating for the company. Kepler Capital Markets upgraded 3i Group to a "hold" rating in a report on Tuesday, July 8th. Finally, UBS Group upgraded 3i Group from a "hold" rating to a "buy" rating in a report on Thursday, October 2nd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

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.

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