3i Group plc (OTCMKTS:TGOPF) Short Interest Down 38.0% in October

3i Group plc (OTCMKTS:TGOPF) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 97,400 shares, a drop of 38.0% from the October 15th total of 157,200 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 139.1 days.

3i Group Trading Up 1.9 %

Shares of 3i Group stock traded up $0.85 during trading on Friday, hitting $44.51. 395 shares of the company’s stock traded hands, compared to its average volume of 3,306. 3i Group has a 1 year low of $26.15 and a 1 year high of $45.08. The business has a 50-day simple moving average of $42.72 and a 200-day simple moving average of $40.02.

About 3i Group

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.