3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Short Interest Update
by Amy Steele · The Cerbat Gem3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 987 shares, a decline of 99.7% from the November 30th total of 285,642 shares. Based on an average daily trading volume, of 2,567,149 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,567,149 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the stock. Kepler Capital Markets downgraded shares of 3i Group from a “hold” rating to a “strong sell” rating in a report on Friday, November 14th. Citigroup reiterated a “buy” rating on shares of 3i Group in a report on Friday, November 14th. UBS Group upgraded 3i Group from a “hold” rating to a “buy” rating in a report on Thursday, October 2nd. Finally, Sanford C. Bernstein initiated coverage on 3i Group in a research report on Thursday, September 18th. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, 3i Group has an average rating of “Moderate Buy”.
Get Our Latest Report on TGOPY
3i Group Stock Up 0.2%
Shares of 3i Group stock traded up $0.02 on Wednesday, reaching $10.89. The stock had a trading volume of 269,793 shares, compared to its average volume of 455,256. 3i Group has a 1 year low of $9.84 and a 1 year high of $15.19. The company has a 50 day moving average price of $12.28 and a 200 day moving average price of $17.92.
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.