Short Interest in Bank of Georgia Group PLC (OTCMKTS:BDGSF) Expands By 15.0%

Bank of Georgia Group PLC (OTCMKTS:BDGSF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 4,600 shares, an increase of 15.0% from the August 31st total of 4,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 46.0 days.

Bank of Georgia Group Stock Performance

Shares of OTCMKTS:BDGSF remained flat at $54.00 on Monday. Bank of Georgia Group has a 52-week low of $45.76 and a 52-week high of $67.25. The firm has a market cap of $2.66 billion, a P/E ratio of 4.39 and a beta of 0.62. The business has a 50-day moving average price of $54.00 and a 200 day moving average price of $55.82.

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

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.