Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) Sees Large Decline in Short Interest

Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 2,100 shares, a decline of 53.3% from the January 31st total of 4,500 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 2.3 days.

Türk Telekomünikasyon Anonim Sirketi Stock Performance

OTCMKTS:TRKNY opened at $2.57 on Friday. Türk Telekomünikasyon Anonim Sirketi has a one year low of $1.62 and a one year high of $3.17. The business’s 50-day simple moving average is $2.62 and its 200 day simple moving average is $2.68.

About Türk Telekomünikasyon Anonim Sirketi

Türk Telekomünikasyon Anonim Sirketi, together with its subsidiaries, provides integrated telecommunication services in Turkey. The company operates in two segments, Fixed Line and Mobile. It offers mobile, Internet, phone and TV products and services under the Türk Telekom brand. The company also provides PSTN and wholesale broadband services; retail Internet services, IPTV, satellite TV, Web TV, mobile TV, and smart TV services; IT solutions; convergence technologies; online education software; project development and corporate venture capital services; and wholesale data and capacity services.