Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) Sees Significant Drop in Short Interest

Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 2,083 shares, a decline of 47.1% from the April 15th total of 3,937 shares. Based on an average daily volume of 59 shares, the days-to-cover ratio is currently 35.3 days.

Türk Telekomünikasyon Anonim Sirketi Price Performance

OTCMKTS TRKNY remained flat at $4.27 during mid-day trading on Monday. The company has a 50 day moving average price of $3.59 and a 200-day moving average price of $3.14. Türk Telekomünikasyon Anonim Sirketi has a twelve month low of $2.29 and a twelve month high of $4.31.

About Türk Telekomünikasyon Anonim Sirketi

Türk Telekomünikasyon Anonim Şirketi (OTCMKTS: TRKNY) is Turkey’s leading integrated telecommunications provider, offering a broad portfolio of fixed‐line, mobile, broadband and digital television services. Headquartered in Ankara, the company operates through an extensive fiber and copper network that spans urban and rural regions across the country. Its core operations include fixed‐voice telephony, high‐speed internet access under both DSL and fiber‐to‐the-home (FTTH) technologies, and a mobile business serving millions of subscribers under its own brand.

In addition to traditional voice and data services, Türk Telekom has expanded into enterprise solutions, cloud computing, cyber security and managed data services.