Akbank T.A.S. (OTCMKTS:AKBTY) Short Interest Update

Akbank T.A.S. (OTCMKTS:AKBTY) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a decline of 99.0% from the October 31st total of 10,400 shares. Based on an average daily volume of 50,900 shares, the short-interest ratio is presently 0.0 days.

Akbank T.A.S. Price Performance

Shares of OTCMKTS AKBTY traded down $0.05 during mid-day trading on Friday, hitting $3.37. 7,470 shares of the company traded hands, compared to its average volume of 24,579. Akbank T.A.S. has a 1 year low of $2.21 and a 1 year high of $4.46. The business has a 50 day moving average of $3.18 and a two-hundred day moving average of $3.57. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.73.

Akbank T.A.S. (OTCMKTS:AKBTY) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.10 EPS for the quarter. The company had revenue of $1.18 billion for the quarter.

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.