Accelleron Industries AG (OTCMKTS:ACLLY) Sees Significant Drop in Short Interest

Accelleron Industries AG (OTCMKTS:ACLLY) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 5,400 shares, a decline of 57.5% from the September 30th total of 12,700 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 1.4 days.

Accelleron Industries Stock Performance

Shares of OTCMKTS ACLLY opened at C$54.11 on Monday. The company’s 50 day simple moving average is C$51.60 and its 200 day simple moving average is C$45.44. Accelleron Industries has a fifty-two week low of C$23.57 and a fifty-two week high of C$55.09.

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.