TBC Bank Group PLC (OTCMKTS:TBCCF) Short Interest Down 87.5% in June

by · The Markets Daily

TBC Bank Group PLC (OTCMKTS:TBCCF – Get Free Report) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 144 shares, a decline of 87.5% from the June 15th total of 1,149 shares. Based on an average daily volume of 516 shares, the days-to-cover ratio is presently 0.3 days.

TBC Bank Group Stock Performance

Shares of TBC Bank Group stock remained flat at $58.81 on Friday. The firm’s 50 day moving average is $59.84 and its two-hundred day moving average is $58.66. TBC Bank Group has a 12-month low of $47.85 and a 12-month high of $69.02.

About TBC Bank Group

(Get Free Report)

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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