ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) Short Interest Update

ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 19,506 shares, a growth of 228.4% from the February 26th total of 5,940 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 18,357 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 18,357 shares, the short-interest ratio is presently 1.1 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC bought a new stake in ACCESS Newswire in the 2nd quarter valued at $362,000. Bridgeway Capital Management LLC bought a new position in ACCESS Newswire during the second quarter worth $163,000. Topline Capital Management LLC bought a new position in ACCESS Newswire during the second quarter worth $8,724,000. Herald Investment Management Ltd acquired a new position in shares of ACCESS Newswire in the third quarter valued at $956,000. Finally, Bard Associates Inc. increased its holdings in shares of ACCESS Newswire by 1.9% in the third quarter. Bard Associates Inc. now owns 134,452 shares of the company’s stock valued at $1,443,000 after purchasing an additional 2,511 shares during the last quarter. 50.02% of the stock is owned by institutional investors and hedge funds.

ACCESS Newswire Stock Performance

Shares of ACCS stock traded up $0.40 on Wednesday, reaching $7.64. The stock had a trading volume of 19,913 shares, compared to its average volume of 22,710. ACCESS Newswire has a 12 month low of $6.51 and a 12 month high of $13.35. The firm has a market capitalization of $29.47 million, a price-to-earnings ratio of 6.82 and a beta of 0.85. The firm’s 50-day moving average is $7.86 and its two-hundred day moving average is $8.91. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.06.

ACCESS Newswire (NYSEAMERICAN:ACCS) last posted its quarterly earnings results on Thursday, March 19th. The company reported $0.17 EPS for the quarter. The business had revenue of $5.80 million during the quarter. ACCESS Newswire had a return on equity of 4.89% and a net margin of 18.97%. On average, research analysts expect that ACCESS Newswire will post 0.56 EPS for the current fiscal year.

ACCESS Newswire Company Profile

Issuer Direct Corporation operates as a communications and compliance company, provides solutions for both public relations and investor relations professionals in the United States and internationally. The company provides press release distribution, media databases, media monitoring, and newsrooms through media advantage platform; ACCESSWIRE, a news dissemination and media outreach service; and Webcaster Platform, a cloud-based webcast, webinar, and virtual meeting platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events.