Short Interest in Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Declines By 99.2%

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 100 shares, a drop of 99.2% from the March 31st total of 13,000 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 0.0 days.

Turkiye Garanti Bankasi A.S. Stock Down 1.8 %

TKGBY stock traded down $0.04 during trading on Friday, hitting $2.42. 15,002 shares of the company traded hands, compared to its average volume of 27,557. The stock’s 50-day simple moving average is $2.10 and its 200 day simple moving average is $1.97. Turkiye Garanti Bankasi A.S. has a 1 year low of $1.14 and a 1 year high of $2.49.

Turkiye Garanti Bankasi A.S. Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 12th. Stockholders of record on Monday, April 1st were given a $0.0768 dividend. The ex-dividend date was Thursday, March 28th. This is a boost from Turkiye Garanti Bankasi A.S.’s previous dividend of $0.02. Turkiye Garanti Bankasi A.S.’s payout ratio is 9.49%.

About Turkiye Garanti Bankasi A.S.

Turkiye Garanti Bankasi A.S. provides various banking products and services in Turkey. The company offers current, savings, time and term deposit, e-savings, YUVAM, NET, ELMA, overdraft, and gold accounts; general purpose, auto, mortgage, commercial, and project loans, as well as IBOR reforms and foreign trade financing; investment funds, stocks, derivatives, Garanti BBVA e-trader platform, time barred deposit and investment lists, and derivative instruments; credit and debit cards, bonusflas, and POS and e-commerce products; and insurance and pension products.