Bank of Georgia Group PLC (OTCMKTS:BDGSF) Sees Significant Decrease in Short Interest

Bank of Georgia Group PLC (OTCMKTS:BDGSF) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 33,900 shares, a drop of 11.3% from the December 15th total of 38,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 339.0 days.

Bank of Georgia Group Stock Performance

BDGSF remained flat at $55.80 during trading on Friday. Bank of Georgia Group has a fifty-two week low of $49.00 and a fifty-two week high of $63.00. The firm has a market cap of $2.48 billion, a PE ratio of 2.92 and a beta of 0.71. The firm’s fifty day simple moving average is $59.74 and its two-hundred day simple moving average is $55.49.

Bank of Georgia Group Company Profile

Bank of Georgia Group PLC, through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets. It operates through Retail Banking, SME Banking, Corporate Investment Banking, and BNB segments. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and handles customers' deposits for individuals and legal entities.