TBC Bank Group PLC (OTCMKTS:TBCCF) Sees Significant Drop in Short Interest
by Renee Jackson · The Cerbat GemTBC Bank Group PLC (OTCMKTS:TBCCF – Get Free Report) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 144 shares, a decrease of 87.5% from the June 15th total of 1,149 shares. Based on an average trading volume of 516 shares, the short-interest ratio is presently 0.3 days.
TBC Bank Group Stock Performance
Shares of TBCCF remained flat at $58.81 on Friday. TBC Bank Group has a 52 week low of $47.85 and a 52 week high of $69.02. The business’s 50-day moving average price is $59.84 and its 200-day moving average price is $58.66.
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.