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

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 41,376 shares, a decline of 20.3% from the November 30th total of 51,914 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 60,935 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 60,935 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Citigroup restated a “buy” rating on shares of Accor in a report on Wednesday, October 29th. Zacks Research raised shares of Accor from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Accor in a research note on Monday, October 27th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Accor Price Performance

Shares of OTCMKTS:ACCYY opened at $11.30 on Thursday. Accor has a 52 week low of $7.86 and a 52 week high of $11.89. The company’s 50 day moving average is $10.83 and its two-hundred day moving average is $10.42. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.12 and a quick ratio of 1.11.

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.