Fraport AG (OTCMKTS:FPRUY) Short Interest Update

Fraport AG (OTCMKTS:FPRUY) was the recipient of a significant increase in short interest in 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 trading volume of 115 shares, the short-interest ratio is currently 4.5 days.

Fraport Price Performance

Shares of FPRUY stock remained flat at $36.90 during trading hours on Friday. The business’s 50-day moving average is $40.16 and its 200-day moving average is $41.10. Fraport has a 12 month low of $36.90 and a 12 month high of $45.66.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. UBS Group upgraded Fraport to a “neutral” rating in a research report on Friday, May 15th. BNP Paribas Exane raised Fraport to an “outperform” rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.