Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) Short Interest Down 21.1% in April

Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNYGet Rating) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 5,600 shares, a decrease of 21.1% from the March 31st total of 7,100 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 3.5 days.

Separately, JPMorgan Chase & Co. cut shares of Türk Telekomünikasyon Anonim Sirketi from a “neutral” rating to an “underweight” rating in a research note on Friday, February 18th.

OTCMKTS:TRKNY opened at $1.45 on Tuesday. Türk Telekomünikasyon Anonim Sirketi has a one year low of $1.15 and a one year high of $2.06. The company has a fifty day moving average price of $1.40 and a 200 day moving average price of $1.50.

The business also recently announced a dividend, which will be paid on Friday, May 20th. Investors of record on Friday, April 29th will be paid a dividend of $0.1526 per share. This is a boost from Türk Telekomünikasyon Anonim Sirketi’s previous dividend of $0.04. This represents a yield of 13.33%. The ex-dividend date is Thursday, April 28th.

About Türk Telekomünikasyon Anonim Sirketi (Get Rating)

Türk Telekomünikasyon Anonim Sirketi, together with its subsidiaries, provides integrated telecommunication services in Turkey. It offers mobile, internet, phone and TV products and services under Türk Telekom brand name. The company also provides PSTN and wholesale broadband services; retail internet services, IPTV, satellite TV, Web TV, mobile TV, and smart TV services; IT solutions; convergence technologies; online education software; project development and corporate venture capital services; and wholesale data and capacity services.

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