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

Akbank T.A.S. (OTCMKTS:AKBTY) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 2,900 shares, a decrease of 86.7% from the September 15th total of 21,800 shares. Based on an average daily volume of 196,500 shares, the days-to-cover ratio is currently 0.0 days.

Akbank T.A.S. Price Performance

Akbank T.A.S. stock opened at $3.15 on Friday. The firm has a market capitalization of $8.19 billion, a P/E ratio of 2.33 and a beta of 0.71. The business has a 50-day moving average of $3.42 and a 200-day moving average of $3.64. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.75. Akbank T.A.S. has a 1 year low of $1.91 and a 1 year high of $4.46.

Akbank T.A.S. (OTCMKTS:AKBTY) last posted its quarterly earnings data on Monday, July 29th. The company reported $0.13 EPS for the quarter. The company had revenue of $1,000.00 million during the quarter.

Akbank T.A.S. Company Profile

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.