Ferrovial SE (NASDAQ:FER) Short Interest Update

Ferrovial SE (NASDAQ:FER) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,110,000 shares, an increase of 21.7% from the February 28th total of 912,200 shares. Based on an average trading volume of 72,600 shares, the short-interest ratio is presently 15.3 days. Currently, 0.2% of the company’s shares are short sold.

Ferrovial Stock Up 2.6 %

Shares of FER stock traded up $1.17 during trading on Wednesday, hitting $46.43. 74,706 shares of the stock traded hands, compared to its average volume of 48,253. Ferrovial has a 52-week low of $36.24 and a 52-week high of $47.30. The firm’s fifty day moving average price is $44.09 and its 200-day moving average price is $42.34.

Analysts Set New Price Targets

Separately, Bank of America raised shares of Ferrovial from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd.

Institutional Investors Weigh In On Ferrovial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP grew its holdings in shares of Ferrovial by 2.5% during the 4th quarter. Wellington Management Group LLP now owns 33,774 shares of the company’s stock worth $1,420,000 after purchasing an additional 813 shares during the period. Lansforsakringar Fondforvaltning AB publ purchased a new stake in Ferrovial during the 4th quarter worth approximately $6,738,000. Mackenzie Financial Corp increased its position in shares of Ferrovial by 10.7% during the fourth quarter. Mackenzie Financial Corp now owns 84,106 shares of the company’s stock worth $3,535,000 after acquiring an additional 8,116 shares during the period. TCI Fund Management Ltd. boosted its holdings in Ferrovial by 1.2% in the fourth quarter. TCI Fund Management Ltd. now owns 19,333,428 shares of the company’s stock valued at $812,724,000 after purchasing an additional 238,184 shares during the period. Finally, Thornburg Investment Management Inc. grew its stake in Ferrovial by 6.4% during the 4th quarter. Thornburg Investment Management Inc. now owns 1,695,181 shares of the company’s stock worth $71,253,000 after purchasing an additional 101,310 shares in the last quarter. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.