Short Interest in TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Rises By 114.1%

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 27,400 shares, a growth of 114.1% from the December 31st total of 12,800 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is presently 1.3 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Stock Down 0.6 %

Shares of TPGXL traded down $0.15 during trading hours on Friday, reaching $25.21. 11,765 shares of the company traded hands, compared to its average volume of 17,458. The stock’s fifty day moving average is $25.58 and its 200 day moving average is $25.87. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 1-year low of $24.86 and a 1-year high of $27.00.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Sunday, December 1st were given a dividend of $0.4344 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date of this dividend was Friday, November 29th.