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

TBC Bank Group PLC (OTCMKTS:TBCCF) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 7 shares, a decline of 99.0% from the July 15th total of 733 shares. Based on an average daily volume of 133 shares, the days-to-cover ratio is presently 0.1 days.

TBC Bank Group Price Performance

Shares of OTCMKTS TBCCF remained flat at $63.17 during midday trading on Tuesday. The firm’s 50-day moving average is $59.16 and its two-hundred day moving average is $59.52. TBC Bank Group has a one year low of $47.85 and a one year high of $69.02.

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.