Short Interest in Bank of Georgia Group PLC (OTCMKTS:BDGSF) Grows By 15.0%

Bank of Georgia Group PLC (OTCMKTS:BDGSF) was the recipient of a significant growth in short interest during the month of 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 trading volume of 100 shares, the days-to-cover ratio is currently 46.0 days.

Bank of Georgia Group Stock Performance

Bank of Georgia Group stock remained flat at $54.00 during trading on Friday. The firm’s 50 day moving average price is $54.00 and its 200 day moving average price is $55.83. The firm has a market cap of $2.66 billion, a PE ratio of 4.39 and a beta of 0.62. Bank of Georgia Group has a 52 week low of $45.76 and a 52 week high of $67.25.

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

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.