Fraport AG (OTCMKTS:FPRUY) Short Interest Update
by Mitch Edgeman · The Markets DailyFraport AG (OTCMKTS:FPRUY – Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 278 shares, an increase of 9,166.7% from the March 15th total of 3 shares. Based on an average daily trading volume, of 29 shares, the days-to-cover ratio is currently 9.6 days.
Analyst Ratings Changes
A number of research firms recently weighed in on FPRUY. Jefferies Financial Group upgraded shares of Fraport from an “underperform” rating to a “buy” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Fraport in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Fraport
Fraport Stock Performance
FPRUY stock remained flat at $43.74 during mid-day trading on Friday. Fraport has a twelve month low of $30.15 and a twelve month high of $45.66. The stock’s fifty day moving average price is $42.10 and its 200 day moving average price is $42.21.
About Fraport
Fraport AG is a global airport management company headquartered in Frankfurt, Germany. The company’s primary business revolves around the operation and development of Frankfurt Airport, one of Europe’s leading aviation hubs, as well as a portfolio of regional and international airports. In addition to airport infrastructure, Fraport offers ground handling services, security screening, retail management and real estate development within its terminals. These diverse operations aim to enhance passenger experience and maximize airport efficiency through integrated service offerings.
Beyond its flagship airport in Frankfurt, Fraport has expanded its footprint to airports in more than 30 countries across Europe, the Americas, Asia and Africa.