Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,464 shares, an increase of 539.3% from the May 14th total of 229 shares. Based on an average daily trading volume, of 6,554 shares, the short-interest ratio is currently 0.2 days.
Turkiye Garanti Bankasi A.S. Trading Up 3.3%
Shares of OTCMKTS TKGBY traded up $0.09 during midday trading on Wednesday, hitting $2.81. The stock had a trading volume of 120 shares, compared to its average volume of 7,105. The business’s 50 day moving average is $3.00 and its 200-day moving average is $3.23. Turkiye Garanti Bankasi A.S. has a 52 week low of $2.65 and a 52 week high of $3.76.
About Turkiye Garanti Bankasi A.S.
Türkiye Garanti Bankası A.Ş., 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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