Short Interest in Intermediate Capital Group plc (OTCMKTS:ICGUF) Declines By 85.6%

Intermediate Capital Group plc (OTCMKTS:ICGUFGet Free Report) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 145,479 shares, a decline of 85.6% from the June 15th total of 1,007,400 shares. Based on an average trading volume of 411 shares, the days-to-cover ratio is currently 354.0 days.

Intermediate Capital Group Price Performance

ICGUF remained flat at $22.80 during trading hours on Monday. The firm’s 50 day moving average is $24.20 and its 200-day moving average is $24.50. Intermediate Capital Group has a 1-year low of $20.65 and a 1-year high of $27.72.

Intermediate Capital Group Company Profile

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Intermediate Capital Group plc (OTCMKTS:ICGUF) is a specialist asset manager providing flexible private capital solutions to support companies and fund managers globally. Founded in 1989 and headquartered in London, the firm offers a diversified range of investment strategies spanning private debt, credit, real estate, infrastructure and private equity. Through tailored financing structures, ICG works alongside mid-market and large corporations to deliver direct lending, debt refinancing, equity co-investments and bespoke portfolio solutions.

ICG’s private debt and credit platform encompasses senior and subordinated loans, unitranche financing, mezzanine debt and special situations across developed and emerging markets.

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