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

Koç Holding A.S. (OTCMKTS:KHOLY – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 128 shares. Based on an average trading volume of 640 shares, the short-interest ratio is presently 0.2 days.

Koç Holding A.S. Price Performance

OTCMKTS:KHOLY remained flat at $20.83 during mid-day trading on Wednesday. 117 shares of the company traded hands, compared to its average volume of 2,069. Koç Holding A.S. has a 52-week low of $18.09 and a 52-week high of $25.44. The firm’s fifty day simple moving average is $21.88 and its 200-day simple moving average is $21.26.

About Koç Holding A.S.

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Koç Holding A.Ş. is a diversified Turkish investment holding company and one of the country’s largest corporate groups. Founded in 1926 by Vehbi Koç, the group is headquartered in Istanbul and manages businesses through subsidiaries, joint ventures and associated companies across several industries.

Its principal activities include energy, automotive, consumer durables and finance. The group has interests in energy refining, fuel distribution and liquefied petroleum gas; vehicle manufacturing and distribution; household appliances and consumer electronics; and banking and other financial services.

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