Short Interest in TBC Bank Group PLC (OTCMKTS:TBCCF) Expands By 32.4%

TBC Bank Group PLC (OTCMKTS:TBCCF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 9,400 shares, an increase of 32.4% from the February 13th total of 7,100 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 31.3 days.

TBC Bank Group Stock Performance

Shares of TBCCF stock opened at $54.80 on Wednesday. The firm has a fifty day moving average of $43.96 and a 200-day moving average of $36.92. TBC Bank Group has a 52-week low of $43.00 and a 52-week high of $54.80.

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.