Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Short Interest Update

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 229 shares, a growth of 77.5% from the April 30th total of 129 shares. Based on an average daily trading volume, of 2,444 shares, the short-interest ratio is presently 0.1 days.

Turkiye Garanti Bankasi A.S. Stock Performance

Shares of OTCMKTS TKGBY opened at $2.90 on Tuesday. The firm has a fifty day simple moving average of $3.04 and a two-hundred day simple moving average of $3.24. Turkiye Garanti Bankasi A.S. has a 12 month low of $2.65 and a 12 month high of $3.76.

Turkiye Garanti Bankasi A.S. Company Profile

Türkiye Garanti Bankası A.Ş., commonly branded as Garanti BBVA, is one of Turkey’s largest private banks. Founded in 1946 and headquartered in Istanbul, the bank offers a comprehensive suite of financial services tailored to retail, commercial and institutional customers. Its core offerings include deposit accounts, payment services, consumer and mortgage lending, credit cards, and treasury operations.

In 2011, Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) acquired a majority stake in Garanti, integrating advanced international banking practices and digital capabilities into its operations.