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Accor SA engages in the operation and investment in hotel properties. It operates through the following business segments: Hotel Services, Hotel Assets, and New Businesses. The Hotel Services segment corresponds to AccorHotels business as a hotel manager and franchisor. The Hotel Assets segment comprises the group's owned and leased hotels. The New Businesses segment corresponds digital services for independent hotels, private luxury home rentals, digital sales, and concierge services. The company was founded by Paul Dubrule and Gérard Pélisson in 1967 and is headquartered in Issy-les-Moulineaux, France.
Accor SA (OTCMKTS:ACRFF - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $55.87 and traded as low as $53.55. Accor shares last traded at $53.55, with a volume of 2,948 shares changing hands. Accor Trading Down 5.8%
Accor SA (OTCMKTS:ACRFF - Get Free Report) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 856,599 shares, an increase of 43.4% from the December 31st total of 597,483 shares. Based on an average daily volume of 837 shares, the short-interest ratio is currently 1,023.4 days.