TBC Bank Group PLC (OTCMKTS:TBCCF) Sees Large Growth in Short Interest

TBC Bank Group PLC (OTCMKTS:TBCCF) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 11,600 shares, a growth of 1,350.0% from the December 31st total of 800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

TBC Bank Group Stock Performance

Shares of TBC Bank Group stock remained flat at $33.10 during trading on Friday. 15 shares of the stock traded hands, compared to its average volume of 11,650. TBC Bank Group has a 52-week low of $32.50 and a 52-week high of $33.10. The company’s 50 day moving average price is $33.10 and its 200-day moving average price is $33.10.

TBC Bank Group Company Profile

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.