Short Interest in Akbank T.A.S. (OTCMKTS:AKBTY) Expands By 1,400.0%

Akbank T.A.S. (OTCMKTS:AKBTY) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the November 30th total of 100 shares. Based on an average trading volume of 50,200 shares, the short-interest ratio is currently 0.0 days.

Akbank T.A.S. Stock Down 5.3 %

Shares of OTCMKTS:AKBTY traded down $0.04 on Thursday, reaching $3.55. The company had a trading volume of 15,833 shares, compared to its average volume of 46,626. Akbank T.A.S. has a 52-week low of $2.35 and a 52-week high of $4.46. The firm’s 50 day simple moving average is $3.27 and its 200-day simple moving average is $3.51. The firm has a market capitalization of $9.23 billion, a PE ratio of 2.63 and a beta of 0.76. 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 earnings results on Thursday, October 24th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $1.18 billion for 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.