Accor SA (OTCMKTS:ACCYY) Sees Large Increase in Short Interest

Accor SA (OTCMKTS:ACCYY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 43,300 shares, a growth of 397.7% from the August 15th total of 8,700 shares. Based on an average daily trading volume, of 266,800 shares, the short-interest ratio is currently 0.2 days.

Accor Trading Down 0.6 %

Shares of ACCYY opened at $8.52 on Friday. The business’s 50-day moving average is $8.13 and its 200-day moving average is $8.54. Accor has a fifty-two week low of $6.26 and a fifty-two week high of $9.40.

About Accor

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.