Accor SA (OTCMKTS:ACRFF) Sees Significant Drop in Short Interest

Accor SA (OTCMKTS:ACRFF) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 209,600 shares, a drop of 42.3% from the March 31st total of 363,500 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 63.5 days.

Accor Stock Up 11.6 %

ACRFF opened at $49.00 on Tuesday. Accor has a 52-week low of $35.64 and a 52-week high of $52.56. The firm’s fifty day simple moving average is $46.47 and its two-hundred day simple moving average is $47.34.

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.