Koç Holding A.S. (OTCMKTS:KHOLY) Short Interest Update

Koç Holding A.S. (OTCMKTS:KHOLY) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 3,400 shares, a drop of 17.1% from the February 28th total of 4,100 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is currently 1.6 days.

Koç Holding A.S. Price Performance

Shares of KHOLY traded up $1.32 during mid-day trading on Tuesday, hitting $21.93. 1,330 shares of the company’s stock traded hands, compared to its average volume of 2,554. The business’s 50-day moving average price is $22.53 and its 200-day moving average price is $24.91. Koç Holding A.S. has a 1 year low of $19.60 and a 1 year high of $41.78.

Koç Holding A.S. (OTCMKTS:KHOLY) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $65.81 billion for the quarter.

Koç Holding A.S. Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 11th will be issued a $0.6996 dividend. The ex-dividend date is Friday, April 11th. Koç Holding A.S.’s dividend payout ratio (DPR) is presently 13.91%.

About Koç Holding A.S.

Koç Holding A.S., through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally. The company's energy business operates petroleum refineries; distributes petroleum products and liquefied petroleum gases; and generates electricity through hydroelectric, natural gas, coal, wind, thermal, and solar power and other renewable plants.