Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Sees Large Growth in Short Interest

Arçelik Anonim Sirketi (OTCMKTS:ACKAY) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 182 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 4,134 shares, the days-to-cover ratio is currently 0.0 days.

Arçelik Anonim Sirketi Price Performance

Shares of ACKAY opened at $10.70 on Wednesday. The business’s 50 day moving average is $11.82 and its 200 day moving average is $13.02. Arçelik Anonim Sirketi has a 12-month low of $10.12 and a 12-month high of $17.92.

About Arçelik Anonim Sirketi

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.