Short Interest in Accsys Technologies PLC (OTCMKTS:ACSYF) Expands By 20.6%

Accsys Technologies PLC (OTCMKTS:ACSYF) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,172 shares, an increase of 20.6% from the February 12th total of 972 shares. Based on an average daily trading volume, of 4,489 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 4,489 shares, the short-interest ratio is presently 0.3 days.

Accsys Technologies Price Performance

OTCMKTS ACSYF opened at C$0.82 on Monday. The stock’s 50-day moving average price is C$0.84 and its 200-day moving average price is C$0.85. Accsys Technologies has a 52 week low of C$0.60 and a 52 week high of C$0.90.

About Accsys Technologies

Accsys Technologies is a specialty chemicals and sustainable materials company focused on the development, manufacture and sale of acetylated wood products. Its proprietary acetylation process enhances the performance properties of fast-growing softwoods, delivering durability, dimensional stability and resistance to rot and decay without the use of heavy metals or toxic preservatives. Through its flagship Accoya brand, Accsys serves markets that demand high-performance, environmentally responsible building and joinery materials.

In addition to Accoya solid wood, the company produces Tricoya, an advanced engineered wood panel made from acetylated wood particles bound with a simple adhesive.