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

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

Bank of Georgia Group Stock Performance

Shares of Bank of Georgia Group stock remained flat at $55.80 during midday trading on Friday. The company has a 50 day moving average of $59.74 and a 200 day moving average of $55.49. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 2.92 and a beta of 0.71. Bank of Georgia Group has a 12 month low of $49.00 and a 12 month high of $63.00.

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.