Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Short Interest Update

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 37,514 shares, an increase of 79.5% from the June 15th total of 20,900 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 30,676 shares, the short-interest ratio is presently 1.2 days.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ACCYY shares. Jefferies Financial Group lowered shares of Accor from an “underperform” rating to a “hold” rating in a research report on Thursday, June 25th. Citigroup reiterated a “buy” rating on shares of Accor in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Accor Trading Down 1.7%

OTCMKTS ACCYY opened at $10.78 on Friday. The business has a 50 day simple moving average of $10.88 and a two-hundred day simple moving average of $10.69. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.04 and a current ratio of 1.05. Accor has a 1-year low of $8.71 and a 1-year high of $12.05.

About Accor

Accor is a leading global hospitality group headquartered in Issy-les-Moulineaux, France, with operations spanning more than 100 countries across Europe, the Americas, Asia-Pacific, the Middle East and Africa. Founded in 1967 by Paul Dubrule and Gérard Pélisson, the company has grown from a single motel in Lille into one of the world’s largest hotel operators and owners, offering accommodation and hospitality services to both leisure and business travelers.

The company’s extensive brand portfolio covers a wide spectrum of market segments, ranging from luxury and premium offerings to midscale and economy hotels.