Accsys Technologies PLC (OTCMKTS:ACSYF) Sees Large Growth in Short Interest

Accsys Technologies PLC (OTCMKTS:ACSYF) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,172 shares, a growth of 20.6% from the February 12th total of 972 shares. Based on an average daily volume of 4,489 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 4,489 shares, the short-interest ratio is currently 0.3 days.

Accsys Technologies Price Performance

Accsys Technologies stock opened at C$0.82 on Wednesday. The stock has a 50-day moving average price of C$0.84 and a 200 day moving average price of C$0.85. Accsys Technologies has a 52 week low of C$0.60 and a 52 week high of C$0.90.

Accsys Technologies Company Profile

Accsys Technologies is a specialty chemicals and sustainable materials company focused on the development, manufacture and sale of acetylated wood products. Its proprietary acetylation process enhances the performance properties of fast-growing softwoods, delivering durability, dimensional stability and resistance to rot and decay without the use of heavy metals or toxic preservatives. Through its flagship Accoya brand, Accsys serves markets that demand high-performance, environmentally responsible building and joinery materials.

In addition to Accoya solid wood, the company produces Tricoya, an advanced engineered wood panel made from acetylated wood particles bound with a simple adhesive.