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

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 10,300 shares, a decrease of 41.8% from the August 31st total of 17,700 shares. Based on an average daily trading volume, of 20,300 shares, the days-to-cover ratio is presently 0.5 days.

Turkiye Garanti Bankasi A.S. Stock Performance

Shares of OTCMKTS:TKGBY opened at $3.52 on Friday. The business has a fifty day moving average price of $3.47 and a two-hundred day moving average price of $3.03. Turkiye Garanti Bankasi A.S. has a 1 year low of $1.50 and a 1 year high of $4.05.

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.