Flughafen Zürich AG (OTCMKTS:FLGZY) Short Interest Up 774.0% in August

Flughafen Zürich AG (OTCMKTS:FLGZY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,386 shares, a growth of 774.0% from the August 15th total of 273 shares. Based on an average daily volume of 2,021 shares, the days-to-cover ratio is currently 1.2 days.

Flughafen Zürich Stock Performance

Shares of OTCMKTS FLGZY traded down $0.55 during mid-day trading on Thursday, reaching $10.15. 2,091 shares of the company were exchanged, compared to its average volume of 1,268. The company’s 50-day simple moving average is $11.49 and its 200-day simple moving average is $11.92. Flughafen Zürich has a twelve month low of $10.00 and a twelve month high of $13.66.

About Flughafen Zürich

Flughafen Zürich AG operates Zurich Airport, Switzerland’s largest international airport, providing a comprehensive range of aviation and airport-related services. The company manages all facets of airport operations, including runway and terminal management, air traffic facilitation, and security screening. Through its subsidiary Flughafen Zürich (International) AG, it also offers ground handling, airport management consultancy and engineering services to airports worldwide.

In addition to core aviation services, Flughafen Zürich AG oversees an extensive retail and commercial property portfolio within the airport precinct.