Flughafen Zürich AG (OTCMKTS:FLGZY) Stock Short Interest Drops 73.3%

Flughafen Zürich AG (OTCMKTS:FLGZY) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,017 shares, a decrease of 73.3% from the September 15th total of 3,806 shares. Based on an average daily trading volume, of 351 shares, the days-to-cover ratio is currently 2.9 days.

Flughafen Zürich Stock Performance

Flughafen Zürich stock remained flat at $9.01 during trading on Monday. 43 shares of the company were exchanged, compared to its average volume of 1,135. The company has a fifty day moving average of $10.53 and a 200-day moving average of $11.42. Flughafen Zürich has a 1 year low of $9.01 and a 1 year 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.