Short Interest in Accor SA (OTCMKTS:ACCYY) Declines By 78.5%

Accor SA (OTCMKTS:ACCYY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 11,600 shares, a drop of 78.5% from the January 31st total of 54,000 shares. Based on an average daily volume of 41,400 shares, the days-to-cover ratio is presently 0.3 days.

Accor Stock Down 0.9 %

OTCMKTS ACCYY opened at $9.91 on Friday. The business’s 50-day simple moving average is $9.98 and its 200-day simple moving average is $9.27. Accor has a 1-year low of $7.02 and a 1-year high of $10.61.

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.