Koç Holding A.S. (OTCMKTS:KHOLY) Sees Large Drop in Short Interest

Koç Holding A.S. (OTCMKTS:KHOLY) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 1,100 shares, a decrease of 88.9% from the May 31st total of 9,900 shares. Based on an average trading volume of 15,900 shares, the short-interest ratio is currently 0.1 days.

Koç Holding A.S. Stock Up 4.2 %

Shares of OTCMKTS KHOLY traded up $1.43 during trading on Friday, hitting $35.02. The company had a trading volume of 549 shares, compared to its average volume of 3,831. Koç Holding A.S. has a fifty-two week low of $18.50 and a fifty-two week high of $41.78. The stock has a fifty day simple moving average of $35.70 and a two-hundred day simple moving average of $30.34.

Koç Holding A.S. Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 13th. Shareholders of record on Thursday, April 25th were paid a dividend of $1.0658 per share. This is a positive change from Koç Holding A.S.’s previous dividend of $0.36. The ex-dividend date of this dividend was Wednesday, April 24th. Koç Holding A.S.’s payout ratio is 20.86%.

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.