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

Key Points

• Accelleron Industries AG saw a significant 31.3% decline in short interest, dropping from 4,800 shares to 3,300 shares as of July 31st, indicating a decrease in bearish sentiment towards the stock.
• The company has increased its dividend to $0.8926 per share, up from the previous $0.56, resulting in a remarkable dividend yield of 151.0%.
• Accelleron currently trades with a short-interest ratio of 1.1 days, based on an average daily volume of 3,100 shares, suggesting limited short selling activity relative to trading volume.

Accelleron Industries AG - Unsponsored ADR (OTCMKTS:ACLLY - ) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 3,300 shares, adeclineof31.3% from the July 15th total of 4,800 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,100 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 3,100 shares, the short-interest ratio is currently 1.1 days. Currently,0.0% of the shares of the stock are short sold.

Accelleron Industries Stock Performance

ACLLY opened at C$89.11 on Wednesday. The company has a fifty day moving average price of C$79.21 and a 200-day moving average price of C$60.81. Accelleron Industries has a one year low of C$40.81 and a one year high of C$94.29.

Accelleron Industries Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th were given a dividend of $0.8926 per share. This is an increase from Accelleron Industries's previous dividend of $0.56. The ex-dividend date was Tuesday, May 27th. This represents a dividend yield of 151.0%.

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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