NEW YORK, Dec. 22, 2011 /PRNewswire/ -- GFI Group Inc. (NYSE: GFIG) (the "Company") announced today that on December 21, 2011 it closed its offer to exchange (the "Exchange Offer") up to $250 million in aggregate principal amount of its 8.375% Senior Notes due 2018, which have been registered under the Securities Act of 1933, as amended (the "Securities Act") (the "New Notes") for up to $250 million in aggregate principal amount of its previously outstanding 8.375% Senior Notes due 2018 (the "Original Notes"). The Original Notes were issued on July 19, 2011 to qualified institutional buyers pursuant to Rule 144A and to certain persons in offshore transactions pursuant to Regulation S, each under the Securities Act. A total of $250 million in aggregate principal amount of the Original Notes, representing 100% of the Original Notes, were validly tendered and accepted for exchange by the Company. This announcement does not constitute an offer to sell or buy any security or a solicitation of any offer to buy securities. The Exchange Offer was made by means of a prospectus dated November 15, 2011, which has been filed with the U.S. Securities and Exchange Commission (the "SEC") as part of the Company's Registration Statement on Form S-4 that was declared effective by the SEC on November 15, 2011. About GFI Group Inc. GFI Group Inc. (NYSE: GFIG) is a leading provider of wholesale brokerage services, clearing services, electronic execution and trading support products for global financial markets. GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of fixed income, financial, equity and commodity instruments.
The most recent short interest data has been released by the NASDAQ for the 11/28/2014 settlement date, which shows a 317,187 share increase in total short interest for GFI Group Incorporated , to 1,840,144, an increase of 20.83% since 11/14/2014. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.