Bank of Georgia Group PLC (OTCMKTS:BDGSF) Sees Large Growth in Short Interest

Bank of Georgia Group PLC (OTCMKTS:BDGSF) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 14,800 shares, an increase of 208.3% from the October 15th total of 4,800 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 37.0 days.

Bank of Georgia Group Stock Performance

Shares of OTCMKTS BDGSF remained flat at $62.70 during mid-day trading on Thursday. Bank of Georgia Group has a 12-month low of $49.00 and a 12-month high of $62.70. The business has a 50-day moving average of $52.63 and a two-hundred day moving average of $54.60.

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

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.