TBC Bank Group PLC (OTCMKTS:TBCCF) Short Interest Up 24,057.1% in August

TBC Bank Group PLC (OTCMKTS:TBCCFGet Free Report) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,691 shares, a growth of 24,057.1% from the July 30th total of 7 shares. Based on an average daily trading volume, of 7 shares, the days-to-cover ratio is currently 241.6 days.

TBC Bank Group Price Performance

TBCCF stock remained flat at $62.00 during mid-day trading on Tuesday. The company’s stock had a trading volume of 5 shares, compared to its average volume of 1,430. TBC Bank Group has a 1-year low of $47.85 and a 1-year high of $69.02. The company has a 50-day moving average price of $60.09 and a two-hundred day moving average price of $59.86.

TBC Bank Group Company Profile

(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.

Further Reading

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