Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Short Interest Update

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 41,376 shares, a drop of 20.3% from the November 30th total of 51,914 shares. Approximately 0.0% of the company’s shares are short sold. 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. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

ACCYY has been the topic of a number of recent research reports. Citigroup restated a “buy” rating on shares of Accor in a research report on Wednesday, October 29th. Zacks Research raised Accor from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Finally, Morgan Stanley restated an “overweight” rating on shares of Accor in a research report on Monday, October 27th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Accor Price Performance

Shares of OTCMKTS ACCYY opened at $11.30 on Friday. Accor has a fifty-two week low of $7.86 and a fifty-two week high of $11.89. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. The business’s 50 day moving average price is $10.85 and its 200-day moving average price is $10.43.

About Accor

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.