Short Interest in ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) Grows By 20.3%

ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 5,940 shares, a growth of 20.3% from the February 12th total of 4,939 shares. Based on an average daily volume of 24,359 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 24,359 shares, the days-to-cover ratio is currently 0.2 days.

ACCESS Newswire Trading Up 1.6%

ACCESS Newswire stock opened at $7.03 on Wednesday. ACCESS Newswire has a one year low of $6.51 and a one year high of $13.35. The business’s fifty day moving average is $8.12 and its 200 day moving average is $9.04. The stock has a market capitalization of $27.21 million, a PE ratio of -5.06 and a beta of 0.85. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.83 and a quick ratio of 0.83.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. DRW Securities LLC bought a new stake in ACCESS Newswire in the 4th quarter worth approximately $117,000. Nano Cap New Millennium Growth Fund L P bought a new position in shares of ACCESS Newswire during the 4th quarter valued at $140,000. Bridgeway Capital Management LLC purchased a new position in shares of ACCESS Newswire in the 2nd quarter worth $163,000. Mink Brook Asset Management LLC purchased a new position in shares of ACCESS Newswire in the 3rd quarter worth $219,000. Finally, Geode Capital Management LLC bought a new stake in shares of ACCESS Newswire in the second quarter worth $362,000. Institutional investors own 50.02% of the company’s stock.

About ACCESS Newswire

Issuer Direct Corporation operates as a communications and compliance company, provides solutions for both public relations and investor relations professionals in the United States and internationally. The company provides press release distribution, media databases, media monitoring, and newsrooms through media advantage platform; ACCESSWIRE, a news dissemination and media outreach service; and Webcaster Platform, a cloud-based webcast, webinar, and virtual meeting platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events.