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

ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 16,415 shares, a decrease of 25.8% from the March 31st total of 22,121 shares. Based on an average trading volume of 7,976 shares, the short-interest ratio is presently 2.1 days. Approximately 0.6% of the shares of the stock are sold short.

ACCESS Newswire Price Performance

Shares of NYSEAMERICAN:ACCS traded up $0.18 on Wednesday, reaching $8.13. 22,384 shares of the company traded hands, compared to its average volume of 18,913. ACCESS Newswire has a fifty-two week low of $6.51 and a fifty-two week high of $13.35. The company’s 50 day moving average is $7.71 and its 200-day moving average is $8.49. The stock has a market capitalization of $31.38 million, a PE ratio of 7.26 and a beta of 0.70. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.88.

ACCESS Newswire (NYSEAMERICAN:ACCS) last announced its quarterly earnings data on Thursday, March 19th. The company reported $0.17 EPS for the quarter. ACCESS Newswire had a return on equity of 4.89% and a net margin of 18.97%.The company had revenue of $5.80 million during the quarter. As a group, analysts anticipate that ACCESS Newswire will post 0.31 earnings per share for the current fiscal year.

Institutional Trading of ACCESS Newswire

Large investors have recently added to or reduced their stakes in the company. DRW Securities LLC acquired a new stake in ACCESS Newswire during the 4th quarter valued at $117,000. Bridgeway Capital Management LLC acquired a new stake in ACCESS Newswire during the 2nd quarter valued at $163,000. Nano Cap New Millennium Growth Fund L P acquired a new stake in ACCESS Newswire during the 4th quarter valued at $140,000. Mink Brook Asset Management LLC acquired a new stake in ACCESS Newswire during the 3rd quarter valued at $219,000. Finally, Geode Capital Management LLC acquired a new stake in ACCESS Newswire during the 2nd quarter valued at $362,000. 50.02% of the stock is owned by institutional investors and hedge funds.

About ACCESS Newswire

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.