Acco Group Holdings Limited (NASDAQ:ACCL) Short Interest Update

Acco Group Holdings Limited (NASDAQ:ACCL) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 88,054 shares, a growth of 83.6% from the May 31st total of 47,952 shares. Based on an average trading volume of 2,276,358 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.7% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Acco Group in a research note on Monday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Institutional Investors Weigh In On Acco Group

An institutional investor recently bought a new position in Acco Group stock. HRT Financial LP bought a new stake in Acco Group Holdings Limited (NASDAQ:ACCL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,540 shares of the technology company’s stock, valued at approximately $31,000. HRT Financial LP owned about 0.08% of Acco Group as of its most recent filing with the Securities & Exchange Commission.

Acco Group Stock Performance

Shares of ACCL opened at $1.68 on Thursday. The company’s 50 day simple moving average is $1.52 and its 200-day simple moving average is $1.80. Acco Group has a 12-month low of $1.23 and a 12-month high of $5.00.

Acco Group (NASDAQ:ACCL) last announced its earnings results on Tuesday, June 30th. The technology company reported $0.00 EPS for the quarter. The business had revenue of $1.32 million during the quarter.

About Acco Group

Accelrys, Inc develops and commercializes scientific informatics software products and services for industries and organizations. The Company’s product lines include Pipeline Pilot, Accelrys Enterprise Research and Development (R & D) Platform; Computer Aided Design Modeling and Simulation Software; Enterprise Lab Notebook; Lab Execution Systems; Content Databases, and Data Management & Informatics Software. Its software and service solutions are used by its customers’ scientists, biologists, chemists and information technology professionals in order to aggregate, mine, integrate, analyze, simulate, manage and interactively report scientific data.