Arçelik Anonim Sirketi (OTCMKTS:ACKAY – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 618 shares, an increase of 3,333.3% from the August 31st total of 18 shares. Based on an average trading volume of 198 shares, the days-to-cover ratio is presently 3.1 days.
Arçelik Anonim Sirketi Price Performance
Shares of ACKAY remained flat at $9.07 during mid-day trading on Thursday. The company has a 50-day moving average price of $10.03 and a 200 day moving average price of $11.63. Arçelik Anonim Sirketi has a 52 week low of $9.07 and a 52 week high of $16.29.
Arçelik Anonim Sirketi Company Profile
Arçelik Anonim Şirketi is a Turkey-based manufacturer and distributor of consumer durables and household appliances. Its product portfolio includes refrigerators, freezers, washing machines, tumble dryers, dishwashers, ovens, cookers, air conditioners, televisions and small domestic appliances. The company sells products under brands including Beko, Grundig, Arctic, Defy, Blomberg and Leisure, among others.
Founded in 1955, Arçelik has developed from a Turkish appliance manufacturer into an international household-goods business.
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