Türk Hava Yollari Anonim Ortakligi (OTCMKTS:TKHVY) Sees Significant Drop in Short Interest

Türk Hava Yollari Anonim Ortakligi (OTCMKTS:TKHVY) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 254 shares, a drop of 55.0% from the April 30th total of 564 shares. Based on an average daily volume of 859 shares, the short-interest ratio is presently 0.3 days.

Türk Hava Yollari Anonim Ortakligi Price Performance

TKHVY remained flat at $65.00 during midday trading on Tuesday. 36 shares of the company’s stock traded hands, compared to its average volume of 725. Türk Hava Yollari Anonim Ortakligi has a fifty-two week low of $60.44 and a fifty-two week high of $81.87. The stock’s 50-day moving average price is $67.36 and its 200 day moving average price is $67.96.

About Türk Hava Yollari Anonim Ortakligi

Türk Hava Yolları Anonim Ortaklığı, known internationally as Turkish Airlines, is the national flag carrier of Turkey. Established in 1933 and headquartered in Istanbul, the company operates as a joint-stock enterprise majority-owned by the Turkish state. Over the decades, it has expanded from a small regional carrier into a global airline serving passengers and cargo clients across Europe, Asia, Africa, and the Americas.

The company’s core business activities include scheduled passenger transport, air cargo services, and ancillary offerings such as maintenance, repair and overhaul (MRO), ground handling and catering.