Short Interest in BGEO Group PLC (OTCMKTS:BDGSF) Expands By 28.6%

Key Points

• Short interest in BGEO Group PLC increased by 28.6% in August, rising from 12,600 to 16,200 shares.
• As of the latest figures, the company trades at $98.94, with a 12-month price range between $98.94 and $99.00.
• BGEO Group, operating primarily in the Georgian and Armenian markets, provides a range of banking and financial services, including retail and corporate banking.

BGEO Group PLC (OTCMKTS:BDGSF - Get Free Report) saw a large increase in short interest in August. As of August 15th, there was short interest totaling 16,200 shares, an increase of 28.6% from the July 31st total of 12,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

BGEO Group Stock Performance

Shares of BDGSF remained flat at $98.94 during trading hours on Friday. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 5.17 and a beta of 0.56. BGEO Group has a fifty-two week low of $98.94 and a fifty-two week high of $99.00. The company has a 50-day simple moving average of $82.22 and a 200 day simple moving average of $75.23.

About BGEO 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.