Short Interest in 3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY) Rises By 4,936.3%

Key Points

• Short interest jumped 4,936.3% to 275,234 shares as of April 15 (up from 5,465 on March 31), but this still represents 0.0% of shares sold short and a very low short-interest ratio of 0.1 days based on average daily volume.
• Shares traded at $8.97, below the 50-day moving average of $9.84 and the 200-day moving average of $11.24, with a 52-week range of $7.52 to $15.19.
• Analyst sentiment is mixed — four Buy and two Sell ratings produce an average "Hold" consensus, with Deutsche Bank reaffirming Buy while RBC cut the stock to Strong Sell.

3i Group plc - Unsponsored ADR (OTCMKTS:TGOPY - Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 275,234 shares, a growth of 4,936.3% from the March 31st total of 5,465 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 4,008,942 shares, the short-interest ratio is presently 0.1 days.

3i Group Stock Performance

Shares of TGOPY stock traded down $0.09 during trading on Friday, hitting $8.97. The company's stock had a trading volume of 877,335 shares, compared to its average volume of 1,357,835. The business has a fifty day moving average of $9.84 and a 200-day moving average of $11.24. 3i Group has a 52 week low of $7.52 and a 52 week high of $15.19.

Analysts Set New Price Targets

Several research analysts recently commented on TGOPY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of 3i Group in a research report on Friday, January 30th. Royal Bank Of Canada lowered 3i Group from a "hold" rating to a "strong sell" rating in a research report on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average 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.

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