Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Short Interest Update

Arçelik Anonim Sirketi (OTCMKTS:ACKAY) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 18 shares, a drop of 99.4% from the August 15th total of 3,212 shares. Based on an average daily volume of 404 shares, the days-to-cover ratio is presently 0.0 days.

Arçelik Anonim Sirketi Stock Performance

ACKAY stock remained flat at $9.80 during trading on Thursday. The company’s stock had a trading volume of 16 shares, compared to its average volume of 1,612. The company has a fifty day simple moving average of $10.39 and a two-hundred day simple moving average of $12.01. Arçelik Anonim Sirketi has a one year low of $9.48 and a one year high of $16.29.

Arçelik Anonim Sirketi Company Profile

Arçelik Anonim Şirketi is a Turkish multinational consumer durables and electronics company engaged in the design, manufacture and marketing of household appliances. As part of Koç Holding, one of Turkey’s largest industrial groups, Arçelik offers a broad portfolio of white goods including refrigerators, washing machines, dishwashers, ovens and cooking appliances, as well as small domestic appliances such as vacuum cleaners and air conditioners. The company markets its products under a variety of brands, notably Arçelik, Beko and Grundig, targeting both domestic and international markets.

With its headquarters in Istanbul, Arçelik maintains production facilities in Turkey and in key overseas locations across Europe, Asia, Africa and the Middle East.