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

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 16,700 shares, a growth of 695.2% from the September 30th total of 2,100 shares. Based on an average trading volume of 61,100 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 61,100 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Several research firms have recently weighed in on ACCYY. Morgan Stanley reaffirmed an “overweight” rating on shares of Accor in a research note on Monday. Zacks Research raised shares of Accor from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Accor currently has a consensus rating of “Moderate Buy”.

Accor Stock Performance

Accor stock opened at $10.55 on Wednesday. The firm has a 50 day simple moving average of $9.75 and a 200-day simple moving average of $10.20. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.12 and a quick ratio of 1.11. Accor has a 1-year low of $7.86 and a 1-year high of $11.89.

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.