TBC Bank Group PLC (OTCMKTS:TBCCF) Short Interest Up 22.2% in October

TBC Bank Group PLC (OTCMKTS:TBCCF) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 8,800 shares, a growth of 22.2% from the September 30th total of 7,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

TBC Bank Group Price Performance

Shares of OTCMKTS:TBCCF remained flat at $33.10 during midday trading on Wednesday. The business has a 50-day simple moving average of $33.10 and a two-hundred day simple moving average of $32.92. TBC Bank Group has a 12-month low of $32.50 and a 12-month high of $33.10.

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.