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

Akbank T.A.S. (OTCMKTS:AKBTY) was the recipient of a large increase in short interest during the month of 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 trading volume, of 31,600 shares, the days-to-cover ratio is currently 1.5 days.

Akbank T.A.S. Stock Up 3.7 %

AKBTY traded up $0.13 during trading on Wednesday, reaching $3.49. 4,412 shares of the company were exchanged, compared to its average volume of 11,147. The firm has a 50 day moving average of $3.65 and a 200 day moving average of $3.44. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.32 and a quick ratio of 0.32. Akbank T.A.S. has a 52 week low of $2.40 and a 52 week high of $4.46.

Akbank T.A.S. (OTCMKTS:AKBTY) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.10 EPS 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.