Akbank T.A.S. (OTCMKTS:AKBTY) Short Interest Update

Akbank T.A.S. (OTCMKTS:AKBTY) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 200 shares, a decrease of 86.7% from the December 31st total of 1,500 shares. Based on an average daily volume of 44,500 shares, the days-to-cover ratio is currently 0.0 days.

Akbank T.A.S. Stock Up 4.2 %

AKBTY traded up $0.15 on Tuesday, hitting $3.75. The company had a trading volume of 15,957 shares, compared to its average volume of 14,097. The business’s fifty day simple moving average is $3.60 and its 200 day simple moving average is $3.48. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.73. Akbank T.A.S. has a 12-month low of $2.40 and a 12-month high of $4.46.

Akbank T.A.S. Company Profile

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company’s consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.