Short Interest in Akbank T.A.S. (OTCMKTS:AKBTY) Expands By 1,025.6%

Akbank T.A.S. (OTCMKTS:AKBTY) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 48,400 shares, an increase of 1,025.6% from the January 15th total of 4,300 shares. Based on an average daily volume of 31,600 shares, the short-interest ratio is presently 1.5 days.

Akbank T.A.S. Trading Up 3.3 %

AKBTY opened at $3.60 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.32 and a current ratio of 0.32. The firm’s fifty day moving average is $3.64 and its 200 day moving average is $3.43. Akbank T.A.S. has a fifty-two week low of $2.40 and a fifty-two week high of $4.46.

Akbank T.A.S. (OTCMKTS:AKBTY) last released its quarterly earnings data on Friday, January 31st. The company reported $0.10 earnings per share for the quarter. Akbank T.A.S. had a return on equity of 18.84% and a net margin of 7.38%.

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.