Accelleron Industries AG - Unsponsored ADR (OTCMKTS:ACLLY) Short Interest Update

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 - Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,900 shares, a decline of 23.7% from the August 15th total of 3,800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the company are sold short.

Accelleron Industries Price Performance

Shares of Accelleron Industries stock traded down C$1.16 on Friday, hitting C$88.24. The stock had a trading volume of 820 shares, compared to its average volume of 1,356. Accelleron Industries has a twelve month low of C$40.81 and a twelve month high of C$94.29. The business's 50 day moving average is C$88.03 and its two-hundred day moving average is C$67.06.

Accelleron Industries Company Profile

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.