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

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

TBC Bank Group Stock Performance

OTCMKTS TBCCF remained flat at $33.10 on Thursday. The stock has a 50 day moving average price of $33.10 and a 200 day moving average price of $33.01. TBC Bank Group has a 1-year low of $32.50 and a 1-year high of $33.10.

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.