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 drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,200 shares, a drop of 61.3% from the November 30th total of 3,100 shares. Based on an average daily trading volume, of 12,100 shares, the days-to-cover ratio is currently 0.1 days.

Turkiye Garanti Bankasi A.S. Price Performance

TKGBY opened at $3.75 on Friday. The stock’s 50 day moving average price is $3.37 and its 200-day moving average price is $3.43. Turkiye Garanti Bankasi A.S. has a 52-week low of $1.73 and a 52-week high of $4.05.

Turkiye Garanti Bankasi A.S. Company Profile

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.