Koç Holding A.S. (OTCMKTS:KHOLY – Get Free Report) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 600 shares, a decline of 60.8% from the August 15th total of 1,529 shares. Based on an average daily volume of 491 shares, the short-interest ratio is presently 1.2 days.
Koç Holding A.S. Price Performance
OTCMKTS:KHOLY remained flat at $23.07 during mid-day trading on Monday. The company had a trading volume of 1,693 shares, compared to its average volume of 2,179. Koç Holding A.S. has a 1 year low of $18.09 and a 1 year high of $25.44. The firm’s 50 day moving average price is $21.39 and its 200 day moving average price is $21.29.
About Koç Holding A.S.
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.
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