TBC Bank Group PLC (OTCMKTS:TBCCF) Short Interest Update

TBC Bank Group PLC (OTCMKTS:TBCCF) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 453 shares, an increase of 6,371.4% from the May 14th total of 7 shares. Based on an average daily trading volume, of 522 shares, the short-interest ratio is currently 0.9 days.

TBC Bank Group Stock Performance

Shares of TBC Bank Group stock remained flat at $57.63 on Tuesday. TBC Bank Group has a 12 month low of $47.85 and a 12 month high of $69.02. The stock’s 50-day moving average is $59.42 and its 200-day moving average is $57.24.

TBC Bank Group Company Profile

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.