Investors Pour into Citigroup (NYSE:C) After Escaping Clutches of Treasury

Citigroup (NYSE:C) has attracted a hoard of investors and interest today, after the Treasury divested of its final holdings in the company, removing an obstacle everyone had been waiting for.

Volume of shares traded are already over 1.8 billion, and will assuredly move past the 2 billion mark before the day is over.

Most concerns surrounding Citigroup as it relates to the Treasury holdings was their influencing of company decisions, which a government entity doing would be a disaster for any company, as they're clueless as to run a private enterprise.

Citigroup was trading at $4.59, up $0.14, or 3.26 percent, as of 12:28 PM EST.