Intermediate Capital Group plc (OTCMKTS:ICGUF) Short Interest Update

by · The Cerbat Gem

Intermediate Capital Group plc (OTCMKTS:ICGUFGet Free Report) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 145,479 shares, a drop 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 presently 354.0 days.

Intermediate Capital Group Stock Performance

ICGUF stock remained flat at $22.80 during midday trading on Friday. Intermediate Capital Group has a 12 month low of $20.65 and a 12 month high of $27.72. The business’s fifty day moving average is $24.20 and its 200 day moving average is $24.50.

About Intermediate Capital Group

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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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