ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) Short Interest Down 49.2% in December

ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,804 shares, a decrease of 49.2% from the November 30th total of 3,548 shares. Based on an average daily trading volume, of 15,693 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,693 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On ACCESS Newswire

A number of institutional investors have recently modified their holdings of ACCS. Punch & Associates Investment Management Inc. raised its holdings in ACCESS Newswire by 7.8% in the third quarter. Punch & Associates Investment Management Inc. now owns 138,260 shares of the company’s stock valued at $1,484,000 after buying an additional 9,960 shares during the period. Mink Brook Asset Management LLC purchased a new stake in shares of ACCESS Newswire during the third quarter valued at approximately $219,000. Bard Associates Inc. raised its stake in shares of ACCESS Newswire by 1.9% during the third quarter. Bard Associates Inc. now owns 134,452 shares of the company’s stock valued at $1,443,000 after purchasing an additional 2,511 shares during the period. Herald Investment Management Ltd acquired a new position in shares of ACCESS Newswire during the third quarter worth $956,000. Finally, Topline Capital Management LLC purchased a new position in shares of ACCESS Newswire in the second quarter valued at $8,724,000. Institutional investors and hedge funds own 50.02% of the company’s stock.

ACCESS Newswire Price Performance

NYSEAMERICAN:ACCS traded down $0.03 during trading hours on Monday, reaching $8.55. 4,767 shares of the company traded hands, compared to its average volume of 9,490. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 0.83. The firm’s 50-day simple moving average is $8.86. The stock has a market capitalization of $33.09 million, a PE ratio of -6.15 and a beta of 0.79. ACCESS Newswire has a 1-year low of $7.72 and a 1-year high of $13.35.

ACCESS Newswire (NYSEAMERICAN:ACCS) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.20 earnings per share (EPS) for the quarter. The business had revenue of $5.72 million for the quarter. ACCESS Newswire had a positive return on equity of 5.58% and a negative net margin of 23.53%. As a group, research analysts predict that ACCESS Newswire will post 0.56 earnings per share for the current year.

About ACCESS Newswire

Issuer Direct Corporation operates as a communications and compliance company, provides solutions for both public relations and investor relations professionals in the United States and internationally. The company provides press release distribution, media databases, media monitoring, and newsrooms through media advantage platform; ACCESSWIRE, a news dissemination and media outreach service; and Webcaster Platform, a cloud-based webcast, webinar, and virtual meeting platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events.