Accor SA (OTCMKTS:ACCYY) Sees Significant Drop in Short Interest

Accor SA (OTCMKTS:ACCYY) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 8,700 shares, a drop of 17.9% from the July 31st total of 10,600 shares. Based on an average daily trading volume, of 86,700 shares, the days-to-cover ratio is currently 0.1 days.

Accor Stock Down 0.9 %

Accor stock opened at $8.47 on Friday. Accor has a 52 week low of $6.26 and a 52 week high of $9.40. The company has a 50 day moving average price of $8.11 and a 200 day moving average price of $8.52.

Accor Company Profile

Accor SA operates a chain of hotels worldwide. It operates through three segments: Management & Franchise; Services to Owners; and Hotel Assets & Others. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; Gekko solutions for leisure and travel industry and large companies; and concierge and customized services through John Paul, as well as hotel booking services; and other services in events, fine dining, and entertainment through Paris Society and Potel & Chabot platforms.