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

Akbank T.A.S. (OTCMKTS:AKBTY) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 200 shares, a drop 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 presently 0.0 days.

Akbank T.A.S. Trading Down 5.0 %

Shares of AKBTY stock opened at $3.50 on Wednesday. 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 $9.10 billion, a price-to-earnings ratio of 2.65 and a beta of 0.74. Akbank T.A.S. has a 12-month low of $2.40 and a 12-month high of $4.46. The stock’s 50-day moving average price is $3.48 and its 200-day moving average price is $3.50.

Akbank T.A.S. (OTCMKTS:AKBTY) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm 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.