Fraport AG (OTCMKTS:FPRUY) Short Interest Update

Fraport AG (OTCMKTS:FPRUY) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 519 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average trading volume of 115 shares, the short-interest ratio is presently 4.5 days.

Fraport Price Performance

OTCMKTS:FPRUY remained flat at $36.90 during trading hours on Monday. Fraport has a twelve month low of $36.90 and a twelve month high of $45.66. The stock’s fifty day moving average price is $40.16 and its 200 day moving average price is $41.10.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on FPRUY shares. UBS Group upgraded shares of Fraport to a “neutral” rating in a research report on Friday, May 15th. BNP Paribas Exane raised Fraport to an “outperform” rating in a research note on Monday, July 13th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Fraport Company Profile

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.