Türk Hava Yollari Anonim Ortakligi (OTCMKTS:TKHVY) Sees Large Growth in Short Interest

Türk Hava Yollari Anonim Ortakligi (OTCMKTS:TKHVY) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 848 shares, a growth of 233.9% from the May 14th total of 254 shares. Based on an average daily volume of 473 shares, the days-to-cover ratio is currently 1.8 days.

Türk Hava Yollari Anonim Ortakligi Stock Performance

OTCMKTS:TKHVY opened at $65.44 on Friday. The firm has a fifty day simple moving average of $67.06 and a two-hundred day simple moving average of $68.09. Türk Hava Yollari Anonim Ortakligi has a 12 month low of $60.44 and a 12 month high of $81.87.

Türk Hava Yollari Anonim Ortakligi Company Profile

Türk Hava Yolları Anonim Ortaklığı, known internationally as Turkish Airlines, is the national flag carrier of Turkey. Established in 1933 and headquartered in Istanbul, the company operates as a joint-stock enterprise majority-owned by the Turkish state. Over the decades, it has expanded from a small regional carrier into a global airline serving passengers and cargo clients across Europe, Asia, Africa, and the Americas.

The company’s core business activities include scheduled passenger transport, air cargo services, and ancillary offerings such as maintenance, repair and overhaul (MRO), ground handling and catering.