The stock of Acco Brands Corporation (NYSE:ACCO) registered a decrease of 2.2% in short interest. ACCO’s total short interest was 4.05M shares in September as published by FINRA. Its down 2.2% from 4.14 million shares, reported previously. With 467,000 shares average volume, it will take short sellers 9 days to cover their ACCO’s short positions. The short interest to Acco Brands Corporation’s float is 4.49%. About 229,703 shares traded hands. ACCO Brands Corporation (NYSE:ACCO) has risen 66.11% since February 8, 2016 and is uptrending. It has outperformed by 49.62% the S&P500.
ACCO Brands Corporation is a manufacturer and marketer of office, school and calendar products, and also computer and electronic accessories. The company has a market cap of $1.03 billion. It sells its products to clients and commercial end users through resellers, including traditional office supply resellers, wholesalers and retailers, including online retailers. It has a 7.92 P/E ratio. It operates through three divisions: ACCO Brands North America, ACCO Brands International and Computer Products Group.
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