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

Koç Holding A.S. (OTCMKTS:KHOLYGet Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 600 shares, a decline of 60.8% from the August 15th total of 1,529 shares. Based on an average daily volume of 491 shares, the short-interest ratio is presently 1.2 days.

Koç Holding A.S. Price Performance

Shares of KHOLY stock opened at $23.07 on Friday. Koç Holding A.S. has a 12 month low of $18.09 and a 12 month high of $25.44. The company’s fifty day simple moving average is $21.39 and its 200-day simple moving average is $21.31.

Koç Holding A.S. Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Koç Holding A.S. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koç Holding A.S. and related companies with MarketBeat.com's FREE daily email newsletter.