Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 237,200 shares, a growth of 12.7% from the August 30th total of 210,500 shares. Based on an average daily volume of 153,700 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.3% of the company’s stock are short sold.

Shares of NYSE FTAI traded up $0.01 during trading on Wednesday, hitting $15.13. The stock had a trading volume of 657 shares, compared to its average volume of 201,106. Fortress Transprtn and Infr Investrs has a 12 month low of $12.84 and a 12 month high of $17.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.14 and a quick ratio of 0.14. The company has a market capitalization of $1.28 billion, a PE ratio of 137.50 and a beta of 1.07. The firm has a fifty day moving average of $15.30 and a two-hundred day moving average of $15.60.

Fortress Transprtn and Infr Investrs (NYSE:FTAI) last posted its earnings results on Thursday, August 1st. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.10. Fortress Transprtn and Infr Investrs had a net margin of 3.74% and a return on equity of 1.78%. The firm had revenue of $159.00 million during the quarter, compared to analyst estimates of $138.74 million. During the same quarter in the prior year, the business posted $0.01 EPS. The business’s revenue was up 120.9% compared to the same quarter last year. On average, equities analysts expect that Fortress Transprtn and Infr Investrs will post 0.58 earnings per share for the current fiscal year.

In other Fortress Transprtn and Infr Investrs news, Director Martin Tuchman purchased 19,900 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was acquired at an average price of $25.69 per share, for a total transaction of $511,231.00. Following the purchase, the director now owns 5,500 shares of the company’s stock, valued at approximately $141,295. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired a total of 35,400 shares of company stock valued at $908,431 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Northern Right Capital Management L.P. grew its stake in shares of Fortress Transprtn and Infr Investrs by 28.3% in the 2nd quarter. Northern Right Capital Management L.P. now owns 63,390 shares of the financial services provider’s stock worth $957,000 after acquiring an additional 14,000 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Fortress Transprtn and Infr Investrs by 21.0% in the 2nd quarter. Wells Fargo & Company MN now owns 449,545 shares of the financial services provider’s stock worth $6,788,000 after buying an additional 78,090 shares during the last quarter. Advisors Capital Management LLC boosted its holdings in shares of Fortress Transprtn and Infr Investrs by 2.1% in the 2nd quarter. Advisors Capital Management LLC now owns 160,261 shares of the financial services provider’s stock worth $2,420,000 after buying an additional 3,234 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Fortress Transprtn and Infr Investrs by 1.5% in the 2nd quarter. Gamco Investors INC. ET AL now owns 59,725 shares of the financial services provider’s stock worth $902,000 after buying an additional 900 shares during the last quarter. Finally, BB&T Securities LLC boosted its holdings in shares of Fortress Transprtn and Infr Investrs by 3.5% in the 2nd quarter. BB&T Securities LLC now owns 36,827 shares of the financial services provider’s stock worth $556,000 after buying an additional 1,257 shares during the last quarter. Hedge funds and other institutional investors own 30.94% of the company’s stock.

Several analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Fortress Transprtn and Infr Investrs from a “strong sell” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Monday, August 5th. TheStreet upgraded shares of Fortress Transprtn and Infr Investrs from a “c” rating to a “b” rating in a research note on Friday, August 2nd.

Fortress Transprtn and Infr Investrs Company Profile

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It operates in six segments: Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal, Railroad, and Ports and Terminals.

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