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

Koç Holding A.S. (OTCMKTS:KHOLY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 118 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 921 shares, the days-to-cover ratio is currently 0.1 days.

Koç Holding A.S. Stock Performance

Koç Holding A.S. stock traded up $0.37 during mid-day trading on Thursday, reaching $20.56. The company’s stock had a trading volume of 3,394 shares, compared to its average volume of 1,895. Koç Holding A.S. has a twelve month low of $18.09 and a twelve month high of $25.44. The business has a 50 day moving average price of $21.02 and a 200-day moving average price of $21.50.

About Koç Holding A.S.

Koç Holding A.Ş. is Turkey’s largest industrial and services conglomerate, founded in 1926 by Vehbi Koç and headquartered in Istanbul. Over nearly a century of operations, the group has expanded from its origins in trade and contracting to become a highly diversified holding company with interests in energy, automotive, consumer durables, finance, tourism and digital technologies. Koç Holding maintains significant stakes in more than 20 publicly traded and privately held companies, many of which are leaders in their respective sectors.

In the energy sector, Koç Holding’s affiliates include Tüpraş, Turkey’s leading oil refiner, and Aygaz, a major provider of liquefied petroleum gas.