Arçelik Anonim Sirketi (OTCMKTS:ACKAY – Get Free Report) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 40 shares, a decline of 78.0% from the June 30th total of 182 shares. Based on an average daily volume of 1,056 shares, the days-to-cover ratio is currently 0.0 days.
Arçelik Anonim Sirketi Price Performance
Shares of ACKAY stock opened at $10.65 on Friday. Arçelik Anonim Sirketi has a fifty-two week low of $10.12 and a fifty-two week high of $17.92. The firm’s 50 day moving average price is $11.53 and its two-hundred day moving average price is $12.88.
Arçelik Anonim Sirketi Company Profile
Arçelik Anonim Şirketi is a Turkish multinational consumer durables and electronics company engaged in the design, manufacture and marketing of household appliances. As part of Koç Holding, one of Turkey’s largest industrial groups, Arçelik offers a broad portfolio of white goods including refrigerators, washing machines, dishwashers, ovens and cooking appliances, as well as small domestic appliances such as vacuum cleaners and air conditioners. The company markets its products under a variety of brands, notably Arçelik, Beko and Grundig, targeting both domestic and international markets.
With its headquarters in Istanbul, Arçelik maintains production facilities in Turkey and in key overseas locations across Europe, Asia, Africa and the Middle East.
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