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

Bank of Georgia Group PLC (OTCMKTS:BDGSF) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a decline of 25.0% from the February 28th total of 800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Currently, 0.0% of the shares of the stock are sold short.

Bank of Georgia Group Price Performance

Shares of BDGSF opened at $68.20 on Monday. Bank of Georgia Group has a 52-week low of $49.00 and a 52-week high of $68.23. The stock has a market cap of $3.03 billion, a PE ratio of 3.57 and a beta of 0.69. The firm’s fifty day moving average is $62.50 and its two-hundred day moving average is $58.52.

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.