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

Accor SA (OTCMKTS:ACCYY) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 52,000 shares, a decline of 39.7% from the December 31st total of 86,300 shares. Based on an average daily volume of 57,000 shares, the days-to-cover ratio is currently 0.9 days.

Accor Price Performance

Shares of OTCMKTS:ACCYY opened at $10.26 on Friday. Accor has a one year low of $7.02 and a one year high of $10.54. The firm has a 50 day simple moving average of $9.71 and a 200 day simple moving average of $8.96.

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.