Stock Short Interest Filing: Is Acco Brands Corporation (NYSE:ACCO)’s Fuel Running High? Reports Show Less Sellers

November 23, 2016 - By Dolores Ford   ·   0 Comments

Stock Short Interest Filing: Is Acco Brands Corporation (NYSE:ACCO)’s Fuel Running High? Reports Show Less Sellers

The stock of Acco Brands Corporation (NYSE:ACCO) registered a decrease of 2.25% in short interest. ACCO’s total short interest was 3.43 million shares in November as published by FINRA. Its down 2.25% from 3.51 million shares, reported previously. With 719,900 shares average volume, it will take short sellers 5 days to cover their ACCO’s short positions. The short interest to Acco Brands Corporation’s float is 3.8%. The stock closed at $12.75 during the last session. It is down 46.38% since April 21, 2016 and is uptrending. It has outperformed by 41.05% the S&P500.

ACCO Brands Corporation is a manufacturer and marketer of office, school and calendar products, and also computer and electronic accessories. The company has a market cap of $1.41 billion. It sells its products to clients and commercial end users through resellers, including traditional office supply resellers, wholesalers and retailers, including online retailers. It has a 11.43 P/E ratio. It operates through three divisions: ACCO Brands North America, ACCO Brands International and Computer Products Group.

ACCO Company Profile

ACCO Brands Corporation, incorporated on October 26, 1970, is a maker and marketer of office, school and calendar products, and select computer and electronic accessories. The Firm sells its products to clients and commercial end users primarily through resellers, including traditional office supply resellers, wholesalers and retailers, including online retailers. The Firm operates through three divisions: ACCO Brands North America, ACCO Brands International and Computer Products Group. The Firm sells its products primarily to markets located in the United States, Northern Europe, Brazil, Canada, Australia and Mexico.

More recent ACCO Brands Corporation (NYSE:ACCO) news were published by: Prnewswire.com which released: “ACCO Brands Corporation Reports Third Quarter 2016 Results” on October 24, 2016. Also Streetinsider.com published the news titled: “Form 4 ACCO BRANDS Corp For: Nov 22 Filed by: Fenwick Neal V” on November 23, 2016. Equitiesfocus.com‘s news article titled: “Acco Brands Corporation (NYSE:ACCO) 200-Day MA At $10.308” with publication date: November 22, 2016 was also an interesting one.

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By Dolores Ford


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