Today Acco Brands Corporation (NYSE:ACCO) Reported Increase in Shorted Shares

ACCO Brands Corporation (NYSE:ACCO) Logo

The stock of Acco Brands Corporation (NYSE:ACCO) registered an increase of 22.14% in short interest. ACCO’s total short interest was 2.20 million shares in July as published by FINRA. Its up 22.14% from 1.80M shares, reported previously. With 638,300 shares average volume, it will take short sellers 4 days to cover their ACCO’s short positions. The short interest to Acco Brands Corporation’s float is 2.2%.

The stock increased 2.38% or $0.18 during the last trading session, reaching $7.75. About 489,014 shares traded. ACCO Brands Corporation (NYSE:ACCO) has declined 30.59% since July 14, 2018 and is downtrending. It has underperformed by 35.02% the S&P500.

ACCO Brands Corporation designs, manufactures, sources, markets, and sells office products, academic supplies, and calendar products primarily in the United States, Canada, Northern Europe, Brazil, Australia, and Mexico. The company has market cap of $791.19 million. It operates through three divisions: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. It has a 8.48 P/E ratio. The firm offers office products, such as stapling, binding and laminating equipment, and related consumable supplies, as well as shredders and whiteboards; and academic products, including notebooks, folders, decorative calendars, and stationery products.

More notable recent ACCO Brands Corporation (NYSE:ACCO) news were published by: Finance.Yahoo.com which released: “Here is What Hedge Funds Think About ACCO Brands Corporation (ACCO) – Yahoo Finance” on June 19, 2019, also Prnewswire.com with their article: “ACCO Brands Introduces TruSensâ„¢ to the Company’s Portfolio of Brands – PRNewswire” published on April 29, 2019, Finance.Yahoo.com published: “Is ACCO Brands Corporation’s (NYSE:ACCO) CEO Pay Justified? – Yahoo Finance” on June 11, 2019. More interesting news about ACCO Brands Corporation (NYSE:ACCO) were released by: Fool.com and their article: “ACCO Brands Corp (ACCO) Q1 2019 Earnings Call Transcript – Motley Fool” published on May 02, 2019 as well as Prnewswire.com‘s news article titled: “ACCO Brands Corporation Announces Initiation Of Quarterly Dividend – PR Newswire” with publication date: February 14, 2018.

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