Koç Holding A.S. (OTCMKTS:KHOLY) Sees Significant Growth in Short Interest

Koç Holding A.S. (OTCMKTS:KHOLY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 7 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 6,712 shares, the days-to-cover ratio is presently 0.0 days.

Koç Holding A.S. Price Performance

Shares of KHOLY stock remained flat at $20.77 during mid-day trading on Wednesday. The stock had a trading volume of 196 shares, compared to its average volume of 2,509. Koç Holding A.S. has a 1-year low of $18.09 and a 1-year high of $25.44. The company has a fifty day simple moving average of $20.50 and a 200-day simple moving average of $21.60.

Koç Holding A.S. Company Profile

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.