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

TBC Bank Group PLC (OTCMKTS:TBCCF) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 508 shares, a decrease of 37.4% from the December 31st total of 811 shares. Based on an average trading volume of 3,462 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 3,462 shares, the short-interest ratio is currently 0.1 days.

TBC Bank Group Price Performance

TBCCF stock opened at $58.00 on Friday. The firm has a fifty day moving average price of $53.02 and a 200 day moving average price of $58.59. TBC Bank Group has a fifty-two week low of $43.00 and a fifty-two week high of $65.00.

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.