Short Interest in Koç Holding A.S. (OTCMKTS:KHOLY) Decreases By 17.1%

Koç Holding A.S. (OTCMKTS:KHOLY) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 3,400 shares, a drop of 17.1% from the February 28th total of 4,100 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 1.6 days.

Koç Holding A.S. Stock Up 6.4 %

Shares of Koç Holding A.S. stock opened at $21.93 on Wednesday. Koç Holding A.S. has a twelve month low of $19.60 and a twelve month high of $41.78. The firm’s 50-day moving average price is $22.48 and its 200 day moving average price is $24.89.

Koç Holding A.S. (OTCMKTS:KHOLY) last issued its earnings results on Wednesday, February 19th. The company reported $0.18 earnings per share for the quarter. The company had revenue of $65.81 billion for the quarter.

Koç Holding A.S. Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 11th will be given a $0.6996 dividend. The ex-dividend date of this dividend is Friday, April 11th. Koç Holding A.S.’s dividend payout ratio is presently 13.91%.

About Koç Holding A.S.

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.