Koç Holding A.S. (OTCMKTS:KHOLY) Short Interest Up 28,985.7% in July

Koç Holding A.S. (OTCMKTS:KHOLY) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,036 shares, an increase of 28,985.7% from the July 15th total of 7 shares. Based on an average daily volume of 3,767 shares, the days-to-cover ratio is currently 0.5 days.

Koç Holding A.S. Stock Performance

Koç Holding A.S. stock remained flat at $20.95 during trading hours on Tuesday. 144 shares of the company’s stock were exchanged, compared to its average volume of 2,364. Koç Holding A.S. has a 52 week low of $18.09 and a 52 week high of $25.44. The business’s fifty day moving average price is $20.50 and its 200 day moving average price is $21.51.

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.