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

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

Bank of Georgia Group Price Performance

Shares of BDGSF stock remained flat at $52.50 during trading hours on Tuesday. The company has a market cap of $2.58 billion, a P/E ratio of 2.94 and a beta of 0.66. Bank of Georgia Group has a one year low of $49.00 and a one year high of $52.50. The business’s 50-day moving average is $52.49 and its two-hundred day moving average is $54.58.

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

Bank of Georgia Group Company Profile

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.