Fraport AG (OTCMKTS:FPRUY) Short Interest Update

Fraport AG (OTCMKTS:FPRUY) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 519 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily volume of 115 shares, the days-to-cover ratio is currently 4.5 days.

Analyst Upgrades and Downgrades

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

Fraport Price Performance

Shares of FPRUY stock remained flat at $36.90 during trading hours on Friday. The firm has a 50-day moving average price of $40.16 and a two-hundred day moving average price of $41.10. Fraport has a one year low of $36.90 and a one year high of $45.66.

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.