TBC Bank Group PLC (OTCMKTS:TBCCF) Sees Significant Drop in Short Interest

TBC Bank Group PLC (OTCMKTS:TBCCFGet Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 508 shares, a decrease of 37.4% from the December 31st total of 811 shares. Based on an average daily volume of 3,462 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 3,462 shares, the days-to-cover ratio is currently 0.1 days.

TBC Bank Group Stock Performance

TBCCF opened at $58.00 on Friday. TBC Bank Group has a one year low of $43.00 and a one year high of $65.00. The business’s 50-day simple moving average is $53.22 and its 200-day simple moving average is $58.56.

About TBC Bank Group

(Get Free Report)

TBC Bank Group PLC is a leading banking and financial services organization headquartered in Tbilisi, Georgia. Established in the mid-1990s as a local commercial bank, the group has grown through organic expansion and strategic acquisitions to become one of the largest financial institutions in the South Caucasus region. In 2014, TBC Bank Group PLC completed a successful initial public offering on the London Stock Exchange, broadening its investor base while retaining a principal listing on the Georgian Stock Exchange and an over-the-counter presence in the United States under the symbol TBCCF.

The group provides a comprehensive suite of retail, corporate and investment banking services.

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