Short Interest in TBC Bank Group PLC (OTCMKTS:TBCCF) Drops By 85.7%

TBC Bank Group PLC (OTCMKTS:TBCCF) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 100 shares, a decline of 85.7% from the September 30th total of 700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1.0 days.

TBC Bank Group Price Performance

Shares of OTCMKTS:TBCCF opened at $61.00 on Tuesday. TBC Bank Group has a 1-year low of $43.00 and a 1-year high of $65.00. The firm’s 50 day simple moving average is $61.75 and its two-hundred day simple moving average is $60.93.

About TBC Bank Group

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.