ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) Sees Large Increase in Short Interest

ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 5,695 shares, a growth of 187.2% from the December 31st total of 1,983 shares. Based on an average trading volume of 39,397 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 39,397 shares, the short-interest ratio is presently 0.1 days.

ACCESS Newswire Stock Performance

ACCS opened at $8.64 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.06. The stock’s 50 day moving average price is $9.02 and its two-hundred day moving average price is $10.03. The firm has a market capitalization of $33.44 million, a P/E ratio of -6.22 and a beta of 0.81. ACCESS Newswire has a 12-month low of $7.72 and a 12-month high of $13.35.

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

Institutional Investors Weigh In On ACCESS Newswire

Institutional investors have recently added to or reduced their stakes in the stock. Topline Capital Management LLC acquired a new position in ACCESS Newswire in the second quarter valued at about $8,724,000. Herald Investment Management Ltd acquired a new position in shares of ACCESS Newswire during the third quarter valued at $956,000. Geode Capital Management LLC acquired a new stake in shares of ACCESS Newswire during the 2nd quarter worth approximately $362,000. Mink Brook Asset Management LLC acquired a new stake in ACCESS Newswire during the 3rd quarter worth $219,000. Finally, Bridgeway Capital Management LLC bought a new stake in ACCESS Newswire in the second quarter valued at about $163,000. 50.02% of the stock is owned by institutional investors and hedge funds.

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.