TBC Bank Group PLC (OTCMKTS:TBCCF – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 1,112 shares, a drop of 34.2% from the August 15th total of 1,691 shares. Based on an average daily trading volume, of 1,819 shares, the short-interest ratio is presently 0.6 days.
TBC Bank Group Stock Down 0.5%
TBC Bank Group stock traded down $0.36 during trading hours on Thursday, reaching $68.77. 3,388 shares of the company were exchanged, compared to its average volume of 3,636. The stock has a 50-day moving average of $61.71 and a 200 day moving average of $60.43. TBC Bank Group has a 12 month low of $47.85 and a 12 month high of $70.02.
About TBC Bank Group
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.
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