Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Sees Large Decline in Short Interest

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 5,900 shares, a decline of 41.0% from the June 30th total of 10,000 shares. Based on an average daily volume of 26,200 shares, the days-to-cover ratio is presently 0.2 days.

Turkiye Garanti Bankasi A.S. Price Performance

Shares of OTCMKTS TKGBY traded up $0.17 during mid-day trading on Friday, hitting $3.93. The company had a trading volume of 40,464 shares, compared to its average volume of 22,730. Turkiye Garanti Bankasi A.S. has a 1 year low of $1.45 and a 1 year high of $4.05. The stock’s 50-day moving average price is $3.41 and its 200-day moving average price is $2.61.

About Turkiye Garanti Bankasi A.S.

Turkiye Garanti Bankasi A.S. provides various banking products and services in Turkey. The company offers current, savings, time and term deposit, e-savings, YUVAM, NET, ELMA, overdraft, and gold accounts; general purpose, auto, mortgage, commercial, and project loans, as well as IBOR reforms and foreign trade financing; investment funds, stocks, derivatives, Garanti BBVA e-trader platform, time barred deposit and investment lists, and derivative instruments; credit and debit cards, bonusflas, and POS and e-commerce products; and insurance and pension products.