Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Sees Large Decline in Short Interest

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 10,300 shares, a decline of 41.8% from the August 31st total of 17,700 shares. Based on an average daily volume of 20,300 shares, the short-interest ratio is presently 0.5 days.

Turkiye Garanti Bankasi A.S. Trading Down 5.4 %

Shares of TKGBY stock opened at $3.52 on Friday. The business’s 50 day simple moving average is $3.47 and its 200 day simple moving average is $3.03. Turkiye Garanti Bankasi A.S. has a one year low of $1.50 and a one year high of $4.05.

Turkiye Garanti Bankasi A.S. Company Profile

Turkiye Garanti Bankasi A.S. provides various banking products and services in Turkey. The company offers current, savings, time and term deposit, e-savings, YUVAM, NET, ELMA, overdraft, and gold accounts; general purpose, auto, mortgage, commercial, and project loans, as well as IBOR reforms and foreign trade financing; investment funds, stocks, derivatives, Garanti BBVA e-trader platform, time barred deposit and investment lists, and derivative instruments; credit and debit cards, bonusflas, and POS and e-commerce products; and insurance and pension products.