Koç Holding A.S. (OTCMKTS:KHOLY) Sees Large Growth in Short Interest

Koç Holding A.S. (OTCMKTS:KHOLY – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 128 shares. Based on an average daily volume of 640 shares, the days-to-cover ratio is currently 0.2 days.

Koç Holding A.S. Stock Performance

Koç Holding A.S. stock remained flat at $20.83 during midday trading on Wednesday. 117 shares of the company traded hands, compared to its average volume of 2,069. The stock’s fifty day moving average price is $21.88 and its 200-day moving average price is $21.26. Koç Holding A.S. has a 52-week low of $18.09 and a 52-week high of $25.44.

Koç Holding A.S. Company Profile

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Koç Holding A.Ş. is a diversified Turkish investment holding company and one of the country’s largest corporate groups. Founded in 1926 by Vehbi Koç, the group is headquartered in Istanbul and manages businesses through subsidiaries, joint ventures and associated companies across several industries.

Its principal activities include energy, automotive, consumer durables and finance. The group has interests in energy refining, fuel distribution and liquefied petroleum gas; vehicle manufacturing and distribution; household appliances and consumer electronics; and banking and other financial services.

Further Reading

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