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

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

Bank of Georgia Group Price Performance

Shares of OTCMKTS:BDGSF remained flat at $55.80 during trading hours on Friday. The firm's fifty day moving average price is $59.80 and its two-hundred day moving average price is $55.51. Bank of Georgia Group has a 52 week low of $49.00 and a 52 week high of $63.00. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 2.92 and a beta of 0.71.

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.