Short Interest in Bank of Georgia Group PLC (OTCMKTS:BDGSF) Expands By 208.3%

Bank of Georgia Group PLC (OTCMKTS:BDGSF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 14,800 shares, a growth of 208.3% from the October 15th total of 4,800 shares. Based on an average trading volume of 400 shares, the short-interest ratio is presently 37.0 days.

Bank of Georgia Group Price Performance

OTCMKTS:BDGSF remained flat at $52.50 during trading hours on Tuesday. The firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of 2.94 and a beta of 0.66. Bank of Georgia Group has a fifty-two week low of $49.00 and a fifty-two week high of $52.50. The firm’s fifty day simple moving average is $52.49 and its 200-day simple moving average is $54.58.

Bank of Georgia Group (OTCMKTS:BDGSF) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $3.56 earnings per share (EPS) for the quarter. The company had revenue of $352.64 million for the quarter. Bank of Georgia Group had a return on equity of 30.79% and a net margin of 50.16%.

About Bank of Georgia Group

Bank of Georgia Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets. It operates through Retail Banking, SME Banking, Corporate Investment Banking, and BNB segments. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and handles customers' deposits for individuals and legal entities.