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

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

Turkiye Garanti Bankasi A.S. Stock Down 1.8 %

Turkiye Garanti Bankasi A.S. stock traded down $0.04 during trading hours on Friday, hitting $2.42. The company had a trading volume of 15,002 shares, compared to its average volume of 27,557. The firm’s fifty day moving average is $2.10 and its 200-day moving average is $1.97. Turkiye Garanti Bankasi A.S. has a fifty-two week low of $1.14 and a fifty-two week high of $2.49.

Turkiye Garanti Bankasi A.S. Increases Dividend

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