Short Interest in Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Grows By 260.0%

Arçelik Anonim Sirketi (OTCMKTS:ACKAY) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 144 shares, an increase of 260.0% from the July 15th total of 40 shares. Based on an average daily volume of 1,086 shares, the days-to-cover ratio is currently 0.1 days.

Arçelik Anonim Sirketi Price Performance

Shares of OTCMKTS ACKAY opened at $10.15 on Thursday. Arçelik Anonim Sirketi has a twelve month low of $10.12 and a twelve month high of $16.29. The firm has a fifty day simple moving average of $11.19 and a 200 day simple moving average of $12.60.

About Arçelik Anonim Sirketi

Arçelik Anonim ?irketi 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.