TBC Bank Group PLC (OTCMKTS:TBCCF) Short Interest Down 37.4% in January

TBC Bank Group PLC (OTCMKTS:TBCCF) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 508 shares, a decline of 37.4% from the December 31st total of 811 shares. Based on an average daily trading volume, of 3,462 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 3,462 shares, the days-to-cover ratio is presently 0.1 days.

TBC Bank Group Trading Down 3.0%

TBCCF stock opened at $58.00 on Friday. TBC Bank Group has a twelve month low of $43.00 and a twelve month high of $65.00. The firm’s fifty day simple moving average is $53.02 and its two-hundred day simple moving average is $58.59.

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.