Fraport AG (OTCMKTS:FPRUF) Sees Large Increase in Short Interest

Fraport AG (OTCMKTS:FPRUF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 367,300 shares, a growth of 14.6% from the October 15th total of 320,500 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 918.3 days.

Fraport Stock Performance

FPRUF remained flat at $53.25 during trading hours on Friday. Fraport has a 1-year low of $48.00 and a 1-year high of $62.80. The business’s 50 day moving average is $51.97 and its two-hundred day moving average is $51.64.

About Fraport

Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services.