Akbank T.A.S. (OTCMKTS:AKBTY) Short Interest Up 2,050.0% in January

Akbank T.A.S. (OTCMKTS:AKBTY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 4,300 shares, a growth of 2,050.0% from the December 31st total of 200 shares. Based on an average trading volume of 21,900 shares, the short-interest ratio is currently 0.2 days.

Akbank T.A.S. Stock Down 5.7 %

Shares of OTCMKTS AKBTY opened at $3.62 on Friday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.73. The stock has a fifty day moving average price of $3.63 and a two-hundred day moving average price of $3.48. Akbank T.A.S. has a 1 year low of $2.40 and a 1 year high of $4.46.

Akbank T.A.S. (OTCMKTS:AKBTY) last posted its earnings results on Friday, January 31st. The company reported $0.10 earnings per share (EPS) 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.