3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY) Short Interest Down 94.7% in March

Key Points

• Short interest plunged 94.7% — shorted shares fell to 5,465 on March 31 from 102,923 on March 15, leaving a short-interest ratio of 0.0 days and 0.0% of shares shorted.
• Shares traded up 0.1% to $9.05 with midday volume of 584,101 (below the average of 1,400,051); the 50‑day and 200‑day moving averages are $10.24 and $11.55, and the 52‑week range is $7.52–$15.19.
• Analysts are mixed with a MarketBeat consensus of "Hold" (four Buy, two Sell); notable actions include Royal Bank of Canada cutting to "strong sell" while Deutsche Bank reiterated a "buy."

3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY - Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 5,465 shares, a drop of 94.7% from the March 15th total of 102,923 shares. Based on an average daily volume of 4,860,720 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's shares are short sold.

3i Group Stock Up 0.1%

OTCMKTS:TGOPY traded up $0.01 during midday trading on Friday, hitting $9.05. The stock had a trading volume of 584,101 shares, compared to its average volume of 1,400,051. The stock has a 50-day moving average of $10.24 and a 200 day moving average of $11.55. 3i Group has a one year low of $7.52 and a one year high of $15.19.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TGOPY. Royal Bank Of Canada lowered 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 report 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 stock. Based on data from MarketBeat, 3i Group presently has a consensus rating of "Hold".

About 3i Group

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.

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