Short Interest in Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Decreases By 99.5%

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 800 shares, a decline of 99.5% from the March 31st total of 149,500 shares. Based on an average daily volume of 44,200 shares, the days-to-cover ratio is currently 0.0 days.

Turkiye Garanti Bankasi A.S. Stock Performance

Shares of OTCMKTS TKGBY opened at $2.70 on Friday. The stock’s 50-day moving average is $3.22 and its two-hundred day moving average is $3.39. Turkiye Garanti Bankasi A.S. has a 1-year low of $2.42 and a 1-year high of $4.05.

Turkiye Garanti Bankasi A.S. Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, April 14th. Investors of record on Wednesday, April 2nd were issued a $0.0586 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. Turkiye Garanti Bankasi A.S.’s dividend payout ratio (DPR) 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.