Koç Holding A.S. (OTCMKTS:KHOLY) Short Interest Update

Koç Holding A.S. (OTCMKTS:KHOLY) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 3,400 shares, a decline of 17.1% from the February 28th total of 4,100 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 1.6 days.

Koç Holding A.S. Stock Performance

Shares of Koç Holding A.S. stock traded up $1.32 during midday trading on Tuesday, hitting $21.93. The company had a trading volume of 1,330 shares, compared to its average volume of 2,554. Koç Holding A.S. has a 52-week low of $19.60 and a 52-week high of $41.78. The company has a 50 day moving average of $22.53 and a 200 day moving average of $24.91.

Koç Holding A.S. (OTCMKTS:KHOLY) last released its earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter. The company had revenue of $65.81 billion during the quarter.

Koç Holding A.S. Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.6996 per share. The ex-dividend date is Friday, April 11th. Koç Holding A.S.’s dividend payout ratio is currently 13.91%.

About Koç Holding A.S.

Koç Holding A.S., through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally. The company's energy business operates petroleum refineries; distributes petroleum products and liquefied petroleum gases; and generates electricity through hydroelectric, natural gas, coal, wind, thermal, and solar power and other renewable plants.