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 - ) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totaling 16,200 shares, anincreaseof28.6% from the July 31st total of 12,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

BGEO Group Price Performance

OTCMKTS BDGSF opened at $98.94 on Tuesday. BGEO Group has a 12 month low of $98.94 and a 12 month high of $99.00. The company has a 50-day moving average of $80.67 and a 200-day moving average of $74.37. The company has a market cap of $4.40 billion, a P/E ratio of 5.17 and a beta of 0.56.

BGEO Group Company Profile

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.

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