Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKY) Sees Large Growth in Short Interest

Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKYGet Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 186 shares, an increase of 73.8% from the August 15th total of 107 shares. Based on an average daily volume of 302 shares, the days-to-cover ratio is presently 0.6 days.

Ülker Bisküvi Sanayi A.S. Price Performance

Ülker Bisküvi Sanayi A.S. stock opened at $17.57 on Friday. The firm has a fifty day simple moving average of $21.84 and a two-hundred day simple moving average of $25.11. Ülker Bisküvi Sanayi A.S. has a twelve month low of $17.00 and a twelve month high of $29.12.

Ülker Bisküvi Sanayi A.S. Company Profile

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Ülker Bisküvi Sanayi A.Ş., trading in the over-the-counter market in the U.S. under the symbol UELKY, is a leading Turkish manufacturer of biscuits, cakes, crackers, chocolates and confectionery. Headquartered in Istanbul, the company operates a network of modern production facilities across Turkey and has established itself as one of the country’s most recognized food brands. Its product portfolio spans biscuits, wafers, chocolate-coated snacks and sweet breads, catering to both everyday consumption and seasonal occasions.

Established in 1944 by the Uzer family, Ülker has grown from a single bakery into a multinational biscuit and confectionery group.

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