Short Interest in Koç Holding A.S. (OTCMKTS:KHOLY) Declines By 17.1%

Koç Holding A.S. (OTCMKTS:KHOLY) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,400 shares, a decrease of 17.1% from the February 28th total of 4,100 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 1.6 days.

Koç Holding A.S. Stock Down 2.5 %

Koç Holding A.S. stock traded down $0.54 during mid-day trading on Thursday, hitting $21.39. 1,238 shares of the stock were exchanged, compared to its average volume of 2,535. Koç Holding A.S. has a 12 month low of $19.60 and a 12 month high of $41.78. The firm’s fifty day simple moving average is $22.41 and its two-hundred day simple moving average is $24.87.

Koç Holding A.S. (OTCMKTS:KHOLY) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter. The firm had revenue of $65.81 billion for the quarter.

Koç Holding A.S. Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 11th will be paid a $0.6996 dividend. The ex-dividend date of this dividend is Friday, April 11th. Koç Holding A.S.’s dividend payout ratio (DPR) is presently 13.91%.

Koç Holding A.S. Company Profile

Koç Holding A.S., through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally. The company's energy business operates petroleum refineries; distributes petroleum products and liquefied petroleum gases; and generates electricity through hydroelectric, natural gas, coal, wind, thermal, and solar power and other renewable plants.