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

Accor SA (OTCMKTS:ACCYY) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 82,600 shares, an increase of 89.4% from the September 15th total of 43,600 shares. Based on an average daily trading volume, of 165,400 shares, the short-interest ratio is presently 0.5 days.

Accor Price Performance

Shares of OTCMKTS:ACCYY opened at $8.90 on Friday. The business’s 50 day simple moving average is $8.36 and its 200-day simple moving average is $8.52. Accor has a 12 month low of $6.26 and a 12 month high of $9.40.

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.