Accelleron Industries AG - Unsponsored ADR (OTCMKTS:ACLLY) Short Interest Down 23.7% in August

Key Points

• In August, short interest in Accelleron Industries AG decreased by 23.7%, dropping to 2,900 shares from 3,800 shares.
• The company's short-interest ratio stands at 1.0 days based on an average trading volume of 2,800 shares, indicating a low level of short selling.
• Accelleron Industries operates in the turbocharger market, providing services across various industries including marine, power, oil and gas, and rail, and was incorporated in 2021.

Accelleron Industries AG - Unsponsored ADR (OTCMKTS:ACLLY - ) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,900 shares, a drop of 23.7% from the August 15th total of 3,800 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 1.0 days.

Accelleron Industries Price Performance

Shares of Accelleron Industries stock opened at C$89.91 on Wednesday. Accelleron Industries has a 52 week low of C$40.81 and a 52 week high of C$94.29. The stock has a 50 day moving average price of C$86.98 and a two-hundred day moving average price of C$66.34.

About Accelleron Industries

Accelleron Industries AG develops, manufactures, sells, and services turbochargers and digital solutions worldwide. It provides solutions and services to marine, power, oil and gas, and rail industries. The company was incorporated in 2021 and is headquartered in Baden, Switzerland.

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