3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Short Interest Update

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPYGet Free Report) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 184,885 shares, an increase of 500.3% from the January 15th total of 30,798 shares. Based on an average daily trading volume, of 1,894,147 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,894,147 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Kepler Capital Markets lowered 3i Group from a “hold” rating to a “strong sell” rating in a research report on Friday, November 14th. Royal Bank Of Canada lowered 3i Group from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Citigroup reaffirmed a “buy” rating on shares of 3i Group in a research report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of 3i Group in a research report on Friday, January 30th. Four equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Read Our Latest Research Report on 3i Group

3i Group Stock Performance

TGOPY opened at $11.58 on Thursday. 3i Group has a 1-year low of $9.84 and a 1-year high of $15.19. The company’s fifty day moving average price is $10.95 and its two-hundred day moving average price is $13.56.

About 3i Group

(Get Free Report)

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.

Read More

Receive News & Ratings for 3i Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 3i Group and related companies with MarketBeat.com's FREE daily email newsletter.