Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Short Interest Update

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 900,900 shares, a growth of 33.8% from the March 15th total of 673,300 shares. Based on an average daily trading volume, of 585,500 shares, the short-interest ratio is currently 1.5 days. Currently, 0.1% of the company's shares are sold short.

Institutional Trading of Turkcell Iletisim Hizmetleri A.S.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. QRG Capital Management Inc. boosted its position in Turkcell Iletisim Hizmetleri A.S. by 24.7% during the fourth quarter. QRG Capital Management Inc. now owns 25,062 shares of the Wireless communications provider's stock valued at $163,000 after purchasing an additional 4,967 shares during the last quarter. US Bancorp DE grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 6.8% in the fourth quarter. US Bancorp DE now owns 36,111 shares of the Wireless communications provider's stock valued at $235,000 after buying an additional 2,297 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Turkcell Iletisim Hizmetleri A.S. by 70.7% during the third quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider's stock worth $44,000 after buying an additional 2,656 shares during the last quarter. Savant Capital LLC raised its position in Turkcell Iletisim Hizmetleri A.S. by 37.9% during the fourth quarter. Savant Capital LLC now owns 20,862 shares of the Wireless communications provider's stock worth $136,000 after acquiring an additional 5,738 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Turkcell Iletisim Hizmetleri A.S. by 25.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 691,251 shares of the Wireless communications provider's stock valued at $4,500,000 after acquiring an additional 140,489 shares during the last quarter.

Turkcell Iletisim Hizmetleri A.S. Stock Up 0.6 %

Shares of NYSE TKC traded up $0.04 during mid-day trading on Friday, reaching $6.01. 1,052,757 shares of the company's stock were exchanged, compared to its average volume of 583,361. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. The business has a fifty day simple moving average of $6.68 and a 200 day simple moving average of $6.68. Turkcell Iletisim Hizmetleri A.S. has a twelve month low of $5.65 and a twelve month high of $8.47. The firm has a market capitalization of $5.28 billion, a price-to-earnings ratio of 4.09 and a beta of 0.86.

Turkcell Iletisim Hizmetleri A.S. Announces Dividend

The company also recently declared a -- dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Monday, December 29th will be given a dividend of $0.0866 per share. This represents a yield of 2.9%. The ex-dividend date is Monday, December 29th. Turkcell Iletisim Hizmetleri A.S.'s dividend payout ratio (DPR) is currently 11.56%.

About Turkcell Iletisim Hizmetleri A.S.

Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services, such as mobile communications, fixed business internet and business phone, and customer loyalty and programs; digital business services comprising uninterrupted access, cyber security, data center, Internet of Things, big data, e-transformation, technologies, and managed services, and cloud solutions.

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