Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Short Interest Update

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,464 shares, a growth of 539.3% from the May 14th total of 229 shares. Based on an average daily volume of 6,554 shares, the short-interest ratio is presently 0.2 days.

Turkiye Garanti Bankasi A.S. Trading Up 3.3%

Shares of TKGBY traded up $0.09 during trading hours on Wednesday, reaching $2.81. 120 shares of the company traded hands, compared to its average volume of 7,105. The company’s fifty day moving average price is $3.00 and its two-hundred day moving average price is $3.23. Turkiye Garanti Bankasi A.S. has a 12 month low of $2.65 and a 12 month high of $3.76.

About Turkiye Garanti Bankasi A.S.

Türkiye Garanti Bankası A.Ş., commonly branded as Garanti BBVA, is one of Turkey’s largest private banks. Founded in 1946 and headquartered in Istanbul, the bank offers a comprehensive suite of financial services tailored to retail, commercial and institutional customers. Its core offerings include deposit accounts, payment services, consumer and mortgage lending, credit cards, and treasury operations.

In 2011, Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) acquired a majority stake in Garanti, integrating advanced international banking practices and digital capabilities into its operations.