Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Short Interest Down 20.3% in December

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 41,376 shares, a decline of 20.3% from the November 30th total of 51,914 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 60,935 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 60,935 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Accor Stock Performance

OTCMKTS:ACCYY opened at $11.31 on Wednesday. Accor has a 1 year low of $7.86 and a 1 year high of $11.89. The stock’s fifty day moving average price is $10.80 and its two-hundred day moving average price is $10.42. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.12.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating on shares of Accor in a research note on Monday, October 27th. Zacks Research raised Accor from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Finally, Citigroup reissued a “buy” rating on shares of Accor in a report on Wednesday, October 29th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Accor presently has a consensus rating of “Moderate Buy”.

Accor Company Profile

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.