Short Interest in Bank of Georgia Group PLC (OTCMKTS:BDGSF) Grows By 208.3%

Bank of Georgia Group PLC (OTCMKTS:BDGSF) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 14,800 shares, a growth of 208.3% from the October 15th total of 4,800 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 37.0 days.

Bank of Georgia Group Stock Performance

OTCMKTS BDGSF remained flat at $62.70 on Thursday. Bank of Georgia Group has a 1-year low of $49.00 and a 1-year high of $62.70. The stock has a 50 day moving average price of $52.63 and a 200 day moving average price of $54.60.

Bank of Georgia Group (OTCMKTS:BDGSF) last announced its earnings results on Thursday, August 22nd. The company reported $3.56 EPS for the quarter. The business had revenue of $352.64 million for the quarter. Bank of Georgia Group had a return on equity of 30.79% and a net margin of 50.16%.

About Bank of Georgia Group

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.