Short Interest in TBC Bank Group PLC (OTCMKTS:TBCCF) Declines By 82.7%

TBC Bank Group PLC (OTCMKTS:TBCCF) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 1,400 shares, a decrease of 82.7% from the October 31st total of 8,100 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 0.8 days.

TBC Bank Group Stock Performance

Shares of OTCMKTS:TBCCF remained flat at $33.10 on Wednesday. TBC Bank Group has a one year low of $32.50 and a one year high of $33.10. The company’s fifty day simple moving average is $33.10 and its two-hundred day simple moving average is $33.01.

TBC Bank Group Company Profile

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.