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

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

Turkiye Garanti Bankasi A.S. Stock Up 2.5 %

Shares of OTCMKTS:TKGBY traded up $0.06 during midday trading on Friday, reaching $2.46. The company had a trading volume of 8,453 shares, compared to its average volume of 27,725. The stock’s fifty day moving average price is $2.09 and its 200-day moving average price is $1.96. Turkiye Garanti Bankasi A.S. has a one year low of $1.14 and a one year high of $2.49.

Turkiye Garanti Bankasi A.S. Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 12th. Shareholders of record on Monday, April 1st were issued a $0.0768 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This is an increase from Turkiye Garanti Bankasi A.S.’s previous dividend of $0.02. Turkiye Garanti Bankasi A.S.’s 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.