TBC Bank Group PLC (OTCMKTS:TBCCF) Short Interest Up 60.9% in December

TBC Bank Group PLC (OTCMKTS:TBCCF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 811 shares, an increase of 60.9% from the December 15th total of 504 shares. Based on an average trading volume of 4,524 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 4,524 shares, the days-to-cover ratio is currently 0.2 days.

TBC Bank Group Stock Performance

TBC Bank Group stock opened at $54.00 on Friday. TBC Bank Group has a 12 month low of $43.00 and a 12 month high of $65.00. The stock’s 50 day simple moving average is $53.11 and its two-hundred day simple moving average is $58.82.

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.