Flughafen Zürich AG (OTCMKTS:FLGZY – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 3,806 shares, a growth of 59.5% from the August 31st total of 2,386 shares. Based on an average daily trading volume, of 678 shares, the days-to-cover ratio is presently 5.6 days.
Flughafen Zürich Price Performance
Shares of OTCMKTS FLGZY remained flat at $9.55 during mid-day trading on Thursday. The company had a trading volume of 606 shares, compared to its average volume of 1,185. The stock’s fifty day moving average price is $10.81 and its 200 day moving average price is $11.58. Flughafen Zürich has a 52-week low of $9.55 and a 52-week high of $13.66.
About Flughafen Zürich
Flughafen Zürich AG operates Zurich Airport, Switzerland’s largest airport and a major international transportation hub. The company provides airport infrastructure and aviation-related services, including passenger and baggage handling, aircraft operations support, cargo logistics, security, parking and ground transportation facilities.
In addition to aviation activities, Flughafen Zürich generates revenue from commercial and real estate operations at and around the airport. These activities include retail and duty-free outlets, restaurants, advertising, office and other property rentals, as well as the development and management of airport-related facilities.
The company also participates in the operation and development of selected airports outside Switzerland through long-term concessions and investments, particularly in international markets.
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