TBC Bank Group PLC (OTCMKTS:TBCCF) Short Interest Up 787.5% in February

TBC Bank Group PLC (OTCMKTS:TBCCF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 7,100 shares, a growth of 787.5% from the January 31st total of 800 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 23.7 days.

TBC Bank Group Price Performance

Shares of TBCCF stock traded up $3.22 during trading hours on Friday, reaching $54.80. 150 shares of the company’s stock were exchanged, compared to its average volume of 412. The stock’s fifty day moving average price is $38.32 and its two-hundred day moving average price is $34.91. TBC Bank Group has a 1 year low of $43.00 and a 1 year high of $54.80.

About TBC Bank Group

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.