Short Interest in Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Declines By 69.9%

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 9,500 shares, adropof69.9% from the July 15th total of 31,600 shares. Based on an average daily trading volume, of 34,700 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 34,700 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded Accor to a “strong sell” rating in a research note on Friday, August 8th.

Accor Stock Down 0.1%

Accor stock opened at $10.50 on Friday. The stock has a 50-day moving average of $10.72 and a two-hundred day moving average of $10.18. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58. Accor has a one year low of $7.79 and a one year high of $11.89.

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.