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

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 38,357 shares, a decline of 34.4% from the April 15th total of 58,513 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 98,174 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Kepler Capital Markets raised shares of Accor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Citigroup reissued a “buy” rating on shares of Accor in a research report on Monday, May 11th. Barclays reissued an “overweight” rating on shares of Accor in a research report on Monday, February 23rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Accor in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Accor Stock Performance

OTCMKTS:ACCYY opened at $10.08 on Monday. Accor has a one year low of $8.71 and a one year high of $12.05. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.04 and a current ratio of 1.05. The firm has a 50-day simple moving average of $9.92 and a 200-day simple moving average of $10.65.

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.