Short Interest in Accor SA (OTCMKTS:ACRFF) Drops By 10.7%

Accor SA (OTCMKTS:ACRFF – Get Rating) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 911,000 shares, a drop of 10.7% from the May 15th total of 1,019,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 9,110.0 days.

Accor Stock Performance

Shares of Accor stock opened at $36.30 on Friday. Accor has a 52-week low of $19.90 and a 52-week high of $36.30. The company’s 50 day moving average price is $33.78 and its 200-day moving average price is $31.11.

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Accor Company Profile

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Accor SA engages in the operation and investment in hotel properties. It operates through the following business segments: Hotel Services, Hotel Assets, and New Businesses. The Hotel Services segment corresponds to AccorHotels business as a hotel manager and franchisor. The Hotel Assets segment comprises the group’s owned and leased hotels.

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