Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Sees Significant Drop in Short Interest

Arçelik Anonim Sirketi (OTCMKTS:ACKAY) was the target of a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 400 shares, adeclineof42.9% from the July 31st total of 700 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 2.0 days. Based on an average daily volume of 200 shares, the short-interest ratio is currently 2.0 days.

Arçelik Anonim Sirketi Price Performance

ACKAY stock opened at $17.00 on Friday. The stock’s fifty day simple moving average is $16.40 and its two-hundred day simple moving average is $16.88. Arçelik Anonim Sirketi has a 1-year low of $14.50 and a 1-year high of $22.46.

About Arçelik Anonim Sirketi

Arçelik Anonim Sirketi, together with its subsidiaries, produces, markets, sells, after sales services, imports, and exports consumer durable goods and electronics in Turkey, Europe, the Asia Pacific, Africa, and internationally. It operates through White Goods, Consumer Electronics, and Other segments.