Accor SA (OTCMKTS:ACCYY) Sees Large Drop in Short Interest

Accor SA (OTCMKTS:ACCYY) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 12,300 shares, a drop of 51.4% from the November 15th total of 25,300 shares. Based on an average daily volume of 153,600 shares, the short-interest ratio is currently 0.1 days.

Accor Price Performance

ACCYY stock opened at $9.72 on Thursday. The business’s 50 day simple moving average is $9.14 and its 200 day simple moving average is $8.61. Accor has a 1-year low of $7.02 and a 1-year high of $9.77.

Accor Company Profile

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.