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

Bank of Georgia Group PLC (OTCMKTS:BDGSF) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 85.7% from the March 31st total of 700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1.0 days. Currently, 0.0% of the company’s stock are short sold.

Bank of Georgia Group Stock Performance

OTCMKTS BDGSF remained flat at $55.65 during trading hours on Monday. The company has a 50 day simple moving average of $63.69 and a 200 day simple moving average of $59.35. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 2.91 and a beta of 0.36. Bank of Georgia Group has a one year low of $49.00 and a one year high of $68.23.

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.