Short Interest in Bank of Georgia Group PLC (OTCMKTS:BDGSF) Grows By 156.4%

Bank of Georgia Group PLC (OTCMKTS:BDGSF) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 38,200 shares, an increase of 156.4% from the November 30th total of 14,900 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 76.4 days.

Bank of Georgia Group Price Performance

Bank of Georgia Group stock opened at $60.55 on Friday. Bank of Georgia Group has a twelve month low of $49.00 and a twelve month high of $63.00. The business has a fifty day moving average of $57.67 and a two-hundred day moving average of $54.92. The firm has a market cap of $2.69 billion, a P/E ratio of 3.17 and a beta of 0.70.

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.