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

Fraport AG (OTCMKTS:FPRUFGet Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 227,961 shares, an increase of 114.2% from the April 15th total of 106,425 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Fraport Price Performance

Shares of FPRUF stock remained flat at $84.91 on Friday. Fraport has a 12 month low of $54.74 and a 12 month high of $88.62. The firm has a 50 day simple moving average of $84.91 and a 200-day simple moving average of $83.33.

Fraport Company Profile

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Fraport AG (OTCMKTS:FPRUF) is a global airport operator headquartered in Frankfurt, Germany. The company’s core business centers on the management, development and operation of airports and related services. At its home hub, Frankfurt Airport, Fraport provides passenger handling, baggage and cargo logistics, security screening, retail concessions and real estate development. Beyond operations, the group designs and constructs runway, terminal and infrastructure projects for its own network of airports as well as for third-party clients.

Fraport’s international footprint spans more than 30 airports across Europe, Asia, the Americas and Africa.

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