TBC Bank Group PLC (OTCMKTS:TBCCF – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 453 shares, a growth of 6,371.4% from the May 14th total of 7 shares. Based on an average trading volume of 522 shares, the days-to-cover ratio is presently 0.9 days.
TBC Bank Group Stock Performance
Shares of OTCMKTS:TBCCF opened at $57.63 on Thursday. TBC Bank Group has a 12-month low of $47.85 and a 12-month high of $69.02. The business’s fifty day simple moving average is $59.48 and its 200-day simple moving average is $57.38.
TBC Bank Group Company Profile
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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