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

Akbank T.A.S. (OTCMKTS:AKBTY) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decrease of 86.7% from the December 15th total of 1,500 shares. Based on an average daily volume of 44,500 shares, the short-interest ratio is currently 0.0 days.

Akbank T.A.S. Trading Down 0.6 %

Shares of Akbank T.A.S. stock traded down $0.02 during mid-day trading on Monday, hitting $3.68. 9,700 shares of the stock were exchanged, compared to its average volume of 12,571. The company has a 50-day simple moving average of $3.44 and a 200 day simple moving average of $3.50. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $9.58 billion, a price-to-earnings ratio of 2.65 and a beta of 0.74. Akbank T.A.S. has a twelve month low of $2.40 and a twelve month high of $4.46.

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

About Akbank T.A.S.

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.