Short Interest Alert: What Will Happen to ACCOR S A F (OTCMKTS:ACRFF) Next? The Stock Has Decline in Shorts

November 23, 2016 - By Dolores Ford   ·   0 Comments

Short Interest Alert: What Will Happen to ACCOR S A F (OTCMKTS:ACRFF) Next? The Stock Has Decline in Shorts

The stock of ACCOR S A F (OTCMKTS:ACRFF) registered a decrease of 48.17% in short interest. ACRFF’s total short interest was 338,700 shares in November as published by FINRA. Its down 48.17% from 653,500 shares, reported previously. With 100 shares average volume, it will take short sellers 3387 days to cover their ACRFF’s short positions. The stock closed at $35.15 during the last session. It is down 20.11% since April 21, 2016 and is downtrending. It has underperformed by 25.44% the S&P500.

ACCOR EUR3 (OTCMKTS:ACRFF) Ratings Coverage

Out of 2 analysts covering Accor (OTCMKTS:ACRFF), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Accor has been the topic of 2 analyst reports since August 28, 2015 according to StockzIntelligence Inc. Berenberg initiated the shares of ACRFF in a report on Tuesday, December 8 with “Buy” rating. Credit Suisse upgraded ACCOR EUR3 (OTCMKTS:ACRFF) on Friday, August 28 to “Underperform” rating.

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By Dolores Ford


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