Fraport AG (OTCMKTS:FPRUF) Sees Large Growth in Short Interest

Fraport AG (OTCMKTS:FPRUFGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 227,961 shares, a growth of 114.2% from the April 15th total of 106,425 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Fraport Stock Performance

Fraport stock opened at $84.91 on Friday. The company has a 50-day simple moving average of $84.91 and a 200-day simple moving average of $83.33. Fraport has a one year low of $54.74 and a one year high of $88.62.

About Fraport

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Fraport AG (OTCMKTS:FPRUF) is a global airport operator headquartered in Frankfurt, Germany. The company’s core business centers on the management, development and operation of airports and related services. At its home hub, Frankfurt Airport, Fraport provides passenger handling, baggage and cargo logistics, security screening, retail concessions and real estate development. Beyond operations, the group designs and constructs runway, terminal and infrastructure projects for its own network of airports as well as for third-party clients.

Fraport’s international footprint spans more than 30 airports across Europe, Asia, the Americas and Africa.

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