TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Short Interest Update

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 10,825 shares, a decline of 88.6% from the December 31st total of 94,910 shares. Based on an average trading volume of 12,725 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 12,725 shares, the days-to-cover ratio is presently 0.9 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Trading Up 0.5%

Shares of NASDAQ:TPGXL traded up $0.13 during trading on Thursday, hitting $25.40. The stock had a trading volume of 7,364 shares, compared to its average volume of 13,193. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12-month low of $23.53 and a 12-month high of $26.25. The stock has a 50-day simple moving average of $25.13 and a two-hundred day simple moving average of $25.55.

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ.