(Bloomberg) -- Bears aren't swayed by Turkish Airlines' efforts to minimize the impact of an in-cabin electronics ban by the U.S. and U.K. Short sellers have doubled their wagers since the measure was introduced on March 21, paying the most in eight months to bet shares of the carrier will fall, according to IHS Markit Ltd. data. The short interest as a percentage of outstanding shares has climbed to an almost four-month high as the stock shed 8.5 percent in two weeks.
To contact the reporter on this story: Tugce Ozsoy in Istanbul at tozsoy1@bloomberg.net.
To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net, Angela Cullen, Cecile Vannucci
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