Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Short Interest Up 79.5% in June

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

Analyst Ratings Changes

Several equities research analysts have issued reports on ACCYY shares. Citigroup reissued a “buy” rating on shares of Accor in a research report on Monday, May 11th. Jefferies Financial Group lowered shares of Accor from an “underperform” rating to a “hold” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Accor Stock Down 1.7%

Shares of ACCYY stock opened at $10.78 on Friday. Accor has a twelve month low of $8.71 and a twelve month high of $12.05. The stock has a fifty day simple moving average of $10.88 and a two-hundred day simple moving average of $10.69. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.77.

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.