Short Interest in Accor SA (OTCMKTS:ACCYY) Expands By 469.6%

Accor SA (OTCMKTS:ACCYY) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 65,500 shares, an increase of 469.6% from the March 15th total of 11,500 shares. Based on an average trading volume of 77,200 shares, the days-to-cover ratio is currently 0.8 days.

Accor Price Performance

ACCYY opened at $8.74 on Tuesday. The company’s 50 day simple moving average is $9.64 and its 200-day simple moving average is $9.51. Accor has a one year low of $7.02 and a one year high of $10.61.

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.