Accor SA (OTCMKTS:ACRFF) Sees Significant Growth in Short Interest

Accor SA (OTCMKTS:ACRFF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 289,000 shares, a growth of 10.0% from the October 15th total of 262,700 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 1,445.0 days.

Accor Price Performance

ACRFF opened at $46.65 on Friday. Accor has a 12 month low of $32.80 and a 12 month high of $47.10. The company has a 50 day moving average of $43.96 and a 200 day moving average of $42.57.

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.