Akbank T.A.S. (OTCMKTS:AKBTY) Short Interest Down 66.3% in February

Akbank T.A.S. (OTCMKTS:AKBTY) was the target of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 16,300 shares, a decrease of 66.3% from the January 31st total of 48,400 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 1.8 days.

Akbank T.A.S. Stock Down 0.3 %

OTCMKTS:AKBTY opened at $3.65 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.69. The business has a 50 day simple moving average of $3.62 and a 200-day simple moving average of $3.43. 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 released its quarterly earnings results 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 18.44% and a net margin of 7.38%.

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.