Short Interest in TBC Bank Group PLC (OTCMKTS:TBCCF) Expands By 17.7%

TBC Bank Group PLC (OTCMKTS:TBCCF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 7,300 shares, an increase of 17.7% from the August 31st total of 6,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 73.0 days.

TBC Bank Group Stock Performance

Shares of OTCMKTS TBCCF opened at $33.10 on Monday. The stock’s 50-day simple moving average is $33.10 and its two-hundred day simple moving average is $32.82. TBC Bank Group has a twelve month low of $32.50 and a twelve month high of $33.10.

About TBC Bank Group

TBC Bank Group PLC, through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan. The company operates through Corporate; Retail; and Micro, Small and Medium Enterprises segments. It offers mortgage, digital, consumer, car, pawnshop, and startup loans, as well as overdraft; working capital and fixed assets financing, credit line, trade finance, and business financing; treasury products; and term and savings deposits, mortgage, credit cards; current, and nominee account services.