Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Sees Large Decrease in Short Interest

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,100 shares, a drop of 41.7% from the September 15th total of 3,600 shares. Based on an average daily trading volume, of 69,900 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 69,900 shares, the short-interest ratio is presently 0.0 days.

Accor Trading Down 0.2%

ACCYY stock opened at $9.82 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. Accor has a 52-week low of $7.86 and a 52-week high of $11.89. The business has a 50-day simple moving average of $9.77 and a two-hundred day simple moving average of $10.12.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Accor from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.