Accor SA (OTCMKTS:ACRFF) Short Interest Up 59.5% in March

Accor SA (OTCMKTS:ACRFF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 366,600 shares, a growth of 59.5% from the February 28th total of 229,900 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 1,222.0 days.

Accor Price Performance

Shares of OTCMKTS ACRFF opened at $47.40 on Monday. The company’s 50-day moving average price is $49.99 and its 200 day moving average price is $47.22. Accor has a 52 week low of $35.64 and a 52 week high of $52.56.

About Accor

Accor SA operates a chain of hotels worldwide. It operates through three segments: Management & Franchise; Services to Owners; and Hotel Assets & Others. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; Gekko solutions for leisure and travel industry and large companies; and concierge and customized services through John Paul, as well as hotel booking services; and other services in events, fine dining, and entertainment through Paris Society and Potel & Chabot platforms.