Akbank T.A.S. (OTCMKTS:AKBTY) Short Interest Up 2,050.0% in January

Akbank T.A.S. (OTCMKTS:AKBTY) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,300 shares, an increase of 2,050.0% from the December 31st total of 200 shares. Based on an average daily volume of 21,900 shares, the days-to-cover ratio is presently 0.2 days.

Akbank T.A.S. Trading Up 2.4 %

Shares of AKBTY stock traded up $0.09 during mid-day trading on Thursday, reaching $3.84. The stock had a trading volume of 11,702 shares, compared to its average volume of 12,697. The firm’s 50 day simple moving average is $3.62 and its 200 day simple moving average is $3.48. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.32 and a quick ratio of 0.32. Akbank T.A.S. has a one year low of $2.40 and a one year high of $4.46.

Akbank T.A.S. Company Profile

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company’s consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.