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

Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 111 shares, an increase of 326.9% from the July 15th total of 26 shares. Based on an average trading volume of 14 shares, the days-to-cover ratio is currently 7.9 days.

Ülker Bisküvi Sanayi A.S. Price Performance

Shares of OTCMKTS:UELKY opened at $18.75 on Friday. The stock’s 50-day simple moving average is $25.60 and its two-hundred day simple moving average is $26.28. Ülker Bisküvi Sanayi A.S. has a 52-week low of $18.75 and a 52-week high of $29.12.

Ülker Bisküvi Sanayi A.S. Company Profile

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.