Short Interest in ACS, Actividades de Construcción y Servicios, S.A. (OTCMKTS:ACSAY) Increases By 115.5%

ACS, Actividades de Construcción y Servicios, S.A. (OTCMKTS:ACSAY) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 52,123 shares, an increase of 115.5% from the May 31st total of 24,192 shares. Based on an average trading volume of 103,500 shares, the days-to-cover ratio is presently 0.5 days.

ACS, Actividades de Construcción y Servicios Trading Up 1.2%

OTCMKTS:ACSAY opened at $30.54 on Tuesday. ACS, Actividades de Construcción y Servicios has a one year low of $12.79 and a one year high of $33.14. The business’s 50-day simple moving average is $29.47 and its 200 day simple moving average is $25.56.

ACS, Actividades de Construcción y Servicios Company Profile

Actividades de Construcción y Servicios, SA (ACS) is a Spanish multinational infrastructure and services company headquartered in Madrid. Founded in 1997 through the consolidation of several domestic construction firms, ACS has grown into one of the world’s leading providers of civil engineering and building solutions. The company’s roots, however, extend back several decades through its predecessor firms, which built roads, bridges and public works across Spain.

ACS operates through four main business lines: construction, concessions, industrial services and environmental services.