Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY – Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 129 shares, a decline of 72.4% from the April 15th total of 468 shares. Based on an average trading volume of 529 shares, the days-to-cover ratio is currently 0.2 days.
Turkiye Garanti Bankasi A.S. Stock Performance
Shares of Turkiye Garanti Bankasi A.S. stock remained flat at $3.04 during trading on Wednesday. 130 shares of the stock were exchanged, compared to its average volume of 8,287. The firm’s 50 day moving average price is $3.12 and its 200-day moving average price is $3.26. Turkiye Garanti Bankasi A.S. has a 52 week low of $2.65 and a 52 week high of $3.76.
Turkiye Garanti Bankasi A.S. Company Profile
Türkiye Garanti Bankas? A.?., commonly branded as Garanti BBVA, is one of Turkey’s largest private banks. Founded in 1946 and headquartered in Istanbul, the bank offers a comprehensive suite of financial services tailored to retail, commercial and institutional customers. Its core offerings include deposit accounts, payment services, consumer and mortgage lending, credit cards, and treasury operations.
In 2011, Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) acquired a majority stake in Garanti, integrating advanced international banking practices and digital capabilities into its operations.
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