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

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

Bank of Georgia Group Price Performance

Bank of Georgia Group stock remained flat at $54.00 during trading hours on Friday. Bank of Georgia Group has a 52-week low of $45.76 and a 52-week high of $67.25. The firm’s fifty day simple moving average is $54.00 and its 200-day simple moving average is $55.84.

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%.

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.